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All Forum Posts by: Ethan Perry

Ethan Perry has started 4 posts and replied 53 times.

@Joe Villeneuve. Well said.

Post: Officially took the plunge Zero to 10

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Frank Patterson. From the info you provided that sounds like a great deal! Congrats!

Post: Is college necessary?

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Jim K. Haha whatever you say Jim.

@Joe Mack. If you don’t already have a credit card, get one and start using it for all of your expenses. Pay it off every month and you can actually build really good credit, even if you don’t spend that much every month. I got a CC at 18 and used it for all of my basic expenses and it allowed me to qualify for a great interest rate when I bought my first property at age 21. Hopefully you can do it sooner! Good luck.

Post: Is college necessary?

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Jim K. Seeing as that is the case why wouldn’t you kindly refer a new investor to past posts or say nothing at all seeing how much the asking of simple, common questions offends you. I’m not sure what you aim to accomplish by being condescending and rude, especially to new investors asking for advice.

Post: Is college necessary?

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Jim K. Wow. What an insightful comment. You should write a book or something. The breadth of your wisdom must be too wide for mere forum posts.

Post: Investing while working and keeping a 24/7 job

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Matthew Yeoman. You might consider investing in real estate funds and syndications. This route is about as close to passive as you can get in real estate. Brian Burke has a book on this called The Hands off Investor. Might be worth checking out!

Post: College vs Real Estate??

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Nathan Raisbeck. If you aren’t very interested in/passionate about mechanical engineering, I’d probably stop that major. However, like some of the others commenting have mentioned, there is a lot that you can do with certain degrees. I’m no expert, but I don’t know how valuable a degree in property management would be. I think you could learn it all on your own. However, to pay the bills and start saving up capital, you’ll need a job and if a degree can help you maximize your income then it may be worthwhile. If you decide to stay in college, find a degree that you’ll enjoy where studying won’t be a chore and you have a high likelihood of a good income. If you do drop out, you still need to find a good enough paying job to support yourself which will be more difficult without a degree but definitely not impossible. You’ll just need to get creative. Good luck!

@Brandon Turner. Get this guy on the podcast!

Post: New investor with liquid cash.

Ethan PerryPosted
  • Minneapolis, MN
  • Posts 54
  • Votes 53

@Seth Hochberg. That’s a good idea. If you can pay all cash, you can get it right back with the refinance. Win win.