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Updated over 6 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Christopher Heil
  • Killeen, TX
1
Votes |
6
Posts

Starting out in real estate.

Christopher Heil
  • Killeen, TX
Posted

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!

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