New Investor in College Station, TX

[Tyler Muckelroy]

Howdy! My name is Tyler Muckelroy, located in College Station, TX! As of now I am currently in my last semester at Texas A&M University, obtaining a degree in Finance. I've decided to work on getting my Texas Real Estate Sales Agents License this semester so that when I graduate I can begin to generate some revenue to start investing in real estate and hopefully gain some knowledge along the way. Another interest of mine is investments in stock markets, which I've been active in for about a year and a half now, and I would love to chat with anyone else interested!

Shortly after graduation I will be moving somewhere within Texas, depends on where my fiancé gets into law school, and I'm not sure what my next move should be. Wherever it may be, we plan to live there for 3 years before moving again. I've thought about doing an owner-occupied investment on a small multi-family, or buying a cheap home for a flip, or just renting a home and waiting to build up more revenues. 

I was curious if anyone may have any insight on what could by best bet upon graduation, after receiving a sales agents license. Additionally I am here to begin networking with anyone who would be willing! I have always enjoyed conversing with new faces and would to chat with anyone via email, phone, or in person!

Thanks!

[Kameron Yellin]

@Tyler Muckelroy, getting started in REI is a great way to create wealth for you and future generations. My favorite quote is if you make $50k learn how to live off of $25k, if you make $75k, learn how to live off of $25k.... When you get out of school get a W2 job (my opinion). During your first year learn how to budget, continue to live by college boy (cheap) life. Educate yourself, BP has a ton of books on REI and save what you don't NEED to live. If you make $5k, learn to live off of $1k and save $4k. Put that $4k into an account and just save it. Spend $50 on books each month for a year. At the end of a year you could have $47k and have read 36 books. Focus on education in the first year. Meet investor realtors/ (if you want) work for one PT. @Gregory Schwartz is a great dude, find contractors and learn which ones are investor friendly @Colton Cook here in CS, and find a mentor who can help you learn from experience and mistakes.

If you graduate at 23, househack duplexes in your 20's, at the end of it you could have 14 units before your 30th birthday. Just think what that could do for your family (congrats btw).

I personally am househacking here in CS, limiting my personal overhead by over $500/m. Next year I will move into my other duplex and househack that one saving me an additional $500/ month, all while keeping my personal expenses at $900/month and sending $4k into savings/m. I'm 31 and just getting started. You can do it, focus on delayed gratification and being content with what you have. If you want to connect just send me a message.

Networking : College Station , Texas is a good thread (little biased, I made it) just getting started.

Cheers,

-KY