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Updated almost 11 years ago on . Most recent reply

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Elizabeth Cody
  • Tallahassee, FL
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Sparkling New from Tallahassee!

Elizabeth Cody
  • Tallahassee, FL
Posted

Well, I've been lurking here sporadically, and with the new year I said I would actually make my presence known, so here I am!

I'm a soon-to-be college graduate from FSU with degrees in both Creative Writing and Classics (as my father puts it, "Pretty Words and Plato"), and I currently own my own web design/marketing company. This past year was my first year and I've learned a lot, but still just barely broke a profit, and not a big one, either. But sticking to my resolution to be an optimist, I'm chalking it up to a year of how NOT to make money. :)

I've always wanted to get into rehabbing, and while I have no real estate experience (does watching DIY or HGTV count?) I am looking forward to learning as much as I can here. The passion to get into real estate came a few months ago, when I went to a Fortune Builders seminar. It was informative, but being still in college, I couldn't afford the fees to get into the program. I felt defeated, until I stumbled onto Bigger Pockets, and as many people say here, why spend thousands of dollars when I can spend significantly less and have a whole community to support me? That seems like the smarter way.

My goals in real estate are to start out in wholesaling, then move onto rehabbing. Rehabbing is something I KNOW I'll love, especially from a design perspective. Eventually the goal is to move to New York City, where I'm hoping to buy a 3-4 unit multiplex or multifamily home, keep one unit for myself, renovate the whole thing, and use the rental income to pay the mortgage, and maybe a little bit extra. Right now, with school still the primary focus, I'm mostly just reading and absorbing, especially real estate terminology I'm not familiar with, but as soon as I get that diploma, I'm going out like a shot from a cannon!

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James Vermillion
  • Lexington, KY
1,190
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2,920
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James Vermillion
  • Lexington, KY
Replied

Look on the bright side, many people are graduating with well over $100K in student debt and no plan...see, now $43K doesn't sounds so bad!

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