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Updated over 6 years ago on . Most recent reply
Starting out in real estate.
Hello everyone,
New Member to BP here. I am 29 years of age, currently a SGT in the US Army. currently deployed but have gone mad with investment fever. I am very interested making passive income, mainly looking at duplexes and quads. I do live in a military town so there are quite a few rentals out here. however no shortage of occupancy. I haven't made a core group or anything yet, however my older brother is also interested in joining me on this endeavor. I joined to pick everyone brains and get ideas/recommendations. I have bought only 1 house currently my residence, with a VA loan so it was pretty easy.
I guess my first questions would be:
1. How did everyone get started?
2. What is the best way to not tie up all my funds in the first building?
3. Should I make a LLC with my brother?
I have been watching quite a few of the podcasts, and know I am ready to get started!
Hope to make some new friends and get some ideas! happy investing everyone!