New Invester from Colorado Springs in USARMY

[Brock Fica]

Hello, Bigger Pockets community! My name is Brock Fica, I am 20 years old, and I am in the United States Army. I have been in the Army for two years and am currently looking at transferring to the Space Force, so I very well could be moving around. So far, the only experience I have in the real estate business is reading different web pages online, listening to the bigger pockets podcast, and helping my friend flip his house, so I am brand new.  I am super interested and excited to begin investing in real estate. However, everything in the area is so expensive right now my gut is telling me that it is a bad idea, but obviously, I am brand new to the industry, so I am looking for advice and tips on getting started. I do not currently own a unit for a primary residence or investing because the Army provides me with housing. Therefore, all of my money can go toward investment properties for multifamily homes or single-family homes. My current goals in real estate are going to school for my real estate agent license, reading as many books as possible, and saving up to buy my first property. I want to own hundreds of properties I can call my own to rent out for cash flow in the long term. I absolutely cannot wait to get my foot in the door of real estate, and I think this is absolutely the best place to start.

Thank you,

Brock Fica

[Stuart Grazier]

@Brock Fica Best piece of advice I wish I would have recieved when I was your age: use your VA loan to buy a house with zero money out of pocket and then rent out all of the other rooms and/or units (you can buy up to a 4-plex if you can qualify) to your buddies, which will basically provide you with free housing and probably make some money along the way. Start now while you are in the Springs; it's a great market for it! Then once you leave, turn it over to a property management company and keep it as a rental for long term wealth building.