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All Forum Posts by: Brandon Jurczyszyn

Brandon Jurczyszyn has started 8 posts and replied 15 times.

Post: Pay Off Student Loans or Invest in Real Estate?

Brandon JurczyszynPosted
  • Livonia, MI
  • Posts 15
  • Votes 6

@Gino Barbaro

Hi Gino!

Thanks for the reply and advice.

I agree, I think both options would feel great - especially finding a great deal! Your last comment resonates with me particularly, and seems to be a point many people make on the BP podcast; you need to have a solid grasp for your own finances as well as a good understanding of what you're getting into with investing.

It's definitely a lot to think about, but I strongly feel the effort is worth it. Thanks again!

Post: Pay Off Student Loans or Invest in Real Estate?

Brandon JurczyszynPosted
  • Livonia, MI
  • Posts 15
  • Votes 6

@Keyonte Summers

Thanks for tips on saving up going forward. Outside of student loans I essentially have no debt. I'm 22 right now, so it seems like we are a similar spot to start off. That's awesome to hear that you own a house free and clear, and I like the tweak on the BRRRR strategy with the HELOC, that seems like a move worthy of being on the BP podcast! Being in college full-time (I'm assuming?) do you landlord yourself or have you hired a property manager?

Post: Pay Off Student Loans or Invest in Real Estate?

Brandon JurczyszynPosted
  • Livonia, MI
  • Posts 15
  • Votes 6

@Keyonte Summers Hey Keyonte - you own a few rentals and are still in college? That's impressive! I'd love to hear your strategy/game plan on investing while in school and with debt.

As of today, I have about $16K left in debt. I do have a secure, full time job that I have been at for about 2.5 years. I am also paying off my loan well above the minimum payment.

Post: Pay Off Student Loans or Invest in Real Estate?

Brandon JurczyszynPosted
  • Livonia, MI
  • Posts 15
  • Votes 6

Hello BP!

I am a recent college grad, and have been lucky enough to graduate with a relatively low amount of debt compared to the average grad. I have been actively paying off my debt each month, and at this time, I have about $16K left to pay.

Over the past couple months I have become more and more serious about investing in real estate. I've spent a majority of my free time educating myself about the process by reading books, forum posts, listening to podcasts, etc. So far, I have set my first goal of purchasing a residential MFR property in 2018 in the Metro Detroit market.

My question here is - would you pay off the rest of your student debt before investing in a rental property?

Let me know!

Hello BiggerPockets!

My name is Brandon Jurczyszyn and I am a recent college grad from the Metro Detroit area looking to get involved in the Real Estate Investing business and community. I've spent the better part of the last 12 months learning as much as I can on my own, reading various books, articles, forum posts, as well as listening to the BP podcasts multiple times per week - but I've gotten to the point where I need to get involved with the people who are out doing what I want to be doing.

At this point, my main interest, and goal of 2018, is purchasing my firstr multi-family rental property. I have a solid idea as to how the process of purchasing a MFR would go, but I would love to have a conversation (or two) with an investor who has gone through a purchase of one already. Knowledge via first-hand experience is the best kind.

If you are reading this, and you are the Metro Detroit area, let me know and we can get in touch. 

If you are reading this, and you are not in the Metro Detroit area, thanks for taking the time to read my post! 

Thanks everyone, I'm excite to enter the BP community!

P.S. it's pronouced your-chish-in. It's very Polish... Who needs vowels anyways?