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Updated about 6 years ago on . Most recent reply

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25
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Logan Beckner
13
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25
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New member and new to investing

Logan Beckner
Posted

Hello bigger pockets!! My name is Logan and I’m a young guy looking around for my first house with my girlfriend and soon to be fiancée/wife. We are from Maryland, specifically Frederick, MD. We have recently come across the bigger pockets podcasts and needless to say... I’m hooked, intrigued, and eager. Just bought 4 of the books that are regularly mentioned on the podcast as guests’ favorites! We are focusing on house hacking so that we can jump start our investments and live for/close to free, but duplexes are hard to come by in our area and my partner does not want to share household amenities. Looking for different options around this, and time is on our side! We will be looking to settle in about a year to 14 months and would like to use the bigger pockets forums and community to help with our lack of investing experience. Thank you so much for any insight!!!! Can’t wait to get started. 

  • Logan Beckner
  • Most Popular Reply

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    Brandon L.
    • Real Estate Agent
    • Falls Church
    1,747
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    Brandon L.
    • Real Estate Agent
    • Falls Church
    Replied

    @Logan Beckner keep in mind that even if you buy a regular single family home for yourself it is still an investment in your future. You will get tax benefits, you will collect equity over time, and you will learn the basics of a real estate transaction during the purchase.

    Don't drown in the BP kool aid and think that you HAVE to househack, or HAVE to have a duplex or fourplex with no money down, and 50% of the market rate for it to be an investment.

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