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All Forum Posts by: Chase Fairbanks

Chase Fairbanks has started 2 posts and replied 2 times.

Post: Where to begin in creative REI?

Chase FairbanksPosted
  • Professional
  • Manhattan, KS
  • Posts 2
  • Votes 1

Where to begin... Well, I have a few questions that I would love to have answered by the hierarchy of the real estate investing world. To get started, where do I begin? I have put in numerous hours of researching local markets, studying the terminology of investment, reading the investment blogs/books, talking with established investors and of course, listening to the Bigger Pockets Podcast. So now, I am ready to take the jump into REI. But, the issue that I, and many others, run into is funding my adventure. I look to investment in mainly buy-and-hold muti-family properties but, in the beginning I may have to invest in single family properties. Correct me if I'm wrong. So, as I said, I'm not certain how to fund my intentions. Here are a list of ideas I have:

  • Partnership with my father
  • Searching for local investors
  • Saving until I have enough monetary savings for a 20% down payment on a mortgage
  • FHA loans

So, as you can tell I have a few ideas, but I'm not sure what would be best.

Post: Future Kansas Investor

Chase FairbanksPosted
  • Professional
  • Manhattan, KS
  • Posts 2
  • Votes 1

Hello everyone! Of course, I'm Chase Fairbanks. I currently just relocated and now reside in Manhattan, Kansas after accepting a brokerage assistant position in a city nearby. Growing up around my parents' buy-and-hold investment properties really started my fascination with REI. I have always been fascinated with the power of compaction and the ability to, in a sense, control your future with investments in real estate. I must remind you all that I am only 19 years old. But, I am in the process of state realtors licensing, and do work full time. I have spent numerous hours of my time listening to the podcast and catching up on my reading, but I'm ready to take things to the next level. I look forward to hearing from all of you, and I look forward to the insight and advanced business knowledge that I can get from you all!