Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

2
Posts
1
Votes
Kevin Konrad
  • Rental Property Investor
  • Annapolis, MD
1
Votes |
2
Posts

Naval Academy student looking for investing advice

Kevin Konrad
  • Rental Property Investor
  • Annapolis, MD
Posted
Hello BP community! My name is Kevin, I am 23 years old and currently attending the Naval Academy in Annapolis MD. I am new to BP but have recently been trying to absorb as much knowledge as possible from the website/podcasts. I recently inherited 2 townhomes in north Denver that bring in $3000 per month after the normal expenses are paid. I am looking for any guidance on how I can smartly use the equity of those homes that are paid off and purchase a home here in Annapolis or close by. Due to my student status for the next 2 years my actual income from the Navy is very low ($300/month) but with the rentals and my personal savings (~40k) I believe I could start expanding my real estate portfolio. If there is anybody out there willing to give some advice, whether it be “full steam ahead” or “wait until you have a solid income” I would really value the advice!

Loading replies...