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Updated over 6 years ago on . Most recent reply
Achieving financial independence and a way to take care of my Mom
Hi everyone,
My name is Jason Kunst, and I live in Northwest Indiana. I am brand new to the idea of financial independence and real estate investing.
I started out my journey for financial independence after reading Rich Dad Poor Dad. It really gave me a new direction and a hopeful attitude toward my finances and to my future. I was aimless and had no real goals and was frustrated as to why I couldn’t get ahead. But now, I I feel hopeful and optimistic about my future.
My current situation is I come home from college to my parents getting divorced. We sold our childhood home and my brother and I are supporting my mom while splitting rent on a house. My current plan is to start investing through house hacking while maintaining my job. I would like my investments to be in multi-family properties so I can build wealth and take care of my mom. This seems to be the best way forward for me and I would love some input on this plan.
I look forward to learning and growing with Bigger Pockets.
Sincerely,
Jason
Most Popular Reply
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Jason Kunst well househacking is probably a good way to go.
From there I’d probably just buy some rentals. Just be aware it takes a lot of time and money to make this work. This isn’t any different then investing in other asset classes. Takes time