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All Forum Posts by: Drew Simpson

Drew Simpson has started 3 posts and replied 14 times.

Post: Novice learning advice

Drew SimpsonPosted
  • Sarasota, FL
  • Posts 14
  • Votes 2

@Jonathan Greene Thanks, I’m actually looking into getting my R.E. license. 3-6 months is not bad for something that can help me in this. I do want to try house hacking but finding the right people is kinda hard in my opinion.. Could you possibly house hacking without living in the home? Sounds kinda counterintuitive if l remember correctly what house hacking is. Anyhow thanks for the advice. Glad to hear you think Sarasota is a good market for growth.

Post: Novice learning advice

Drew SimpsonPosted
  • Sarasota, FL
  • Posts 14
  • Votes 2

@Ron Flatt Thanks for the feedback. I’ll keep that into consideration!

Post: Novice learning advice

Drew SimpsonPosted
  • Sarasota, FL
  • Posts 14
  • Votes 2

What is some advice you would give someone just learning this field? I'm 21 years old, half time student while owning/operating a food truck here in Sarasota, Florida. A city that's tremendously growing with lots of big commercial building getting built every corner downtown. I try to convince my family into investing here. I want to own a bunch of properties one day and make passive income from them. I've read somewhat of the BRRRR strategy and house hacking. I'm just a beginner however. Let's theoretically say l have $100,000 to invest into the market. Is this financially enough for me to start? Should l stop asking and overthinking so much and just go for it? I feel like that's what's make the difference kinda like my food truck. I was lost and till l did it things made sense. Any tips and advice really helps. Whatever helped you at first would be great to know. I'll have to do some more digging in this app and see what l can learn.

Thanks, Drew.

Post: Novice learning advice

Drew SimpsonPosted
  • Sarasota, FL
  • Posts 14
  • Votes 2

What is some advice you would give someone just learning this field? I'm 21 years old, student half time, and own/operate a food truck in Sarasota, Florida. A city that is tremendously growing with a bunch of big commercial building getting built as we speak. Sarasota has been growing and l try to convince my family to invest.. I want to own a bunch of properties one day and make passive income from it.. I've read a lot about the BRRR strategy and some others but i'm just a novice. Let's just theoretically say l have $100,000 cash to start out & buy a property or mortgage it. Is this financially enough? Should l just go do it and stop overthinking it? Just learn as l go? Any tips and advice really helps when you may have just started out. Maybe some videos or books l could read?

Thanks, Drew.