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All Forum Posts by: Christopher Hein

Christopher Hein has started 1 posts and replied 3 times.

Originally posted by @Satish Subramanian:

Welcome to BP Chris. I started on the same track as you (normal full-time career in Chicago + house hacking) in March and it took a lot to get just to where I am today: Closing on a 3-flat on the NW side on Monday.

My only advice is to get going today! If you need the REIA's and mentors to start, go for it. But seeing as you're in FinTech, I can't imagine you need it if you just read a few of the basic real estate investing books and run calculations on a few postings.

It took me over 100 deal analyses online, 15 in-person visits, and the process of buying in Chicago in this market for me was brutal. Start today, one step at a time, learn through the process, and keep after it.

Also, I realize I'm not the most seasoned person, but I do have some references for people that helped me along the way, and I'm definitely happy with them so far and am willing to share.

Hi Satish,

You mention how you were closing a few weeks ago, congratulations! How long did it take you from inception to deal?

Chris

@Chris T. Thank you! I'll be sure to give it a read.

Hi Everyone,

I was directed to the Bigger Pockets podcast from a different website and have been listening nonstop, as well as reading the different blog posts. I also signed up for the webinar this Wednesday!

A little about me: My friends call me Chris, I am 24 years old and currently work in the financial tech industry here in Chicago. I currently rent an apartment with my friend.  

My goal: Financial freedom or at least flexibility.

Interests: I have had on and off interest in purchasing over the past year and a half. My dad has encouraged it and while I have looked around, it has never been anything serious, nor did I approach it with a strategy. After hearing the BP podcast and reading up, buying a multi-family property to both home hack and begin to build an additional pillar of income seems more than a pipe dream. 

Obviously it isn't as easy as A-B-C and I have a lot more to learn, but I am just getting started. I have two other friends who have been interested in the real estate market and have been doing research for a while, and have been talking to them about it, which could potentially offer some creative funding. However if anyone has advice going down that route, I would love to hear feedback. I know this is the introductory post, but I am excited!

Happy to be here,

Chris