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All Forum Posts by: Ethan McManigle

Ethan McManigle has started 2 posts and replied 3 times.

Post: I need some advice

Ethan McManiglePosted
  • Posts 3
  • Votes 0

From reading a lot of these comments it seems like I need to find a way to save more money. I don’t have much debt. Only about $1500ish. I’m going to knock that out first and pick up more hours at my job. And try to double the amount that I am saving. Once I pay that off that’ll save me about another $85 a month. So hopefully I can put about $300 into savings a week.

Post: I need some advice

Ethan McManiglePosted
  • Posts 3
  • Votes 0

Hello, my name is Ethan. I'm 22 years old. I want to save up and buy my first property but idk what the best way to save that money is. Should I use a traditional bank account? Should I invest my money in bonds/stocks? If not I looked on Vanguards website and they had a short-term Roth IRA. That I can set up for a personal goal. (Which depends on how much money I need to save up for) I was thinking about doing that for about 3ish years. I would like to save up for a down payment on a duplex. I can put aside about $130 each week. idk if that will change anything or not.

So my questions are

1. Where should I save my money?

2. How much money do I need for a duplex? (USA, Iowa area)

Post: A New Chapter

Ethan McManiglePosted
  • Posts 3
  • Votes 0

Hello everyone! My name is Ethan and I am 22 yo. I'm new to real estate. I have always been interested but never knew where to start.