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Updated over 6 years ago,

User Stats

14
Posts
2
Votes
John Mark Waide
  • Spokane, Wa
2
Votes |
14
Posts

Newbie from Spokane, Washington

John Mark Waide
  • Spokane, Wa
Posted

Hello. My name is John and I'm from Spokane, although I'm currently writing from Germany. I have always been interested in investing, in both stocks and real estate. While I was growing up, I would ask everyone I knew, who I thought was successful, advice on investing. I always seemed to receive negative advice. For example, I wanted to househack in college. However, I was told that I shouldn't buy a property if I wasn't sure where I wanted to live after school. Unfortunately, I listened to them and now the market seems to be a seller's market.

Over time I became focused on other things, such as my education and working. However, my original desire to achieve financial freedom has just became stronger. Over the last year I have tenaciously read everything I could about stocks, which has grown to encompass real estate within the last few months. I have saved up around $40,000 and can't wait to start my life in real estate. 

I do have a couple questions. I'm not sure if this is the right place to do so. If not I will promptly edit/delete this post. I am currently working seasonal, temporary jobs, which makes it impossible for me to receive a loan. I may have an opportunity to attain a commercial pilot's licence at a fraction of the normal cost (It would still cost me everything I've saved) by learning from a friend in Texas. I'm not sure if I should pursue that avenue, which will give me a high earnings potential and therefore allow me to qualify for more loans in the future, or just take the $40k I have and jump into a real estate career. Perhaps by the time I receive my pilot's licence the market will cool off too. I understand that this is more career related and is difficult to answer, one only I will be able to make. But I was curious what people in the industry thought.

Anyway, thank you very much for your time and allowing me to be a part of the community. I love this site and I'm addicted to the biggerpockets videos on youtube. Also, I found you guys from listening to the Millennial Real Estate Investor Podcast. Thanks again!

John Mark Waide

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