All Forum Posts by: Isaac Johnson

@Eric C. Exactly that’s why RE investing is such a beautiful thing!

@Bjorik Mutize thank you!

@Abel Curiel thank you for your positivity!

@Kane Warner I’m 16 years old, and this is what I’m doing: I offered to a RE investing group in my town (they own rentals) that I would work for them for free to start out (simple tasks that they could use help with) and in return I would be gaining experience and knowledge before I really jump into this whole thing. And I read as much as I can and do everything I can to gain more knowledge about RE Investing and then maybe even this year I might buy my first house hack with the help of someone who is old enough to sign contracts.

@Alexander Felice beginners usually don’t have the money to buy larger properties, and when they start out with something like a duplex, they get experience and knowledge, so that when they have the money to buy larger properties, they can dive in with more knowledge and experience, also I know experienced investors probably like larger properties more, but these ones still give you cash flow, and you many people scale just fine with them.

@Nathan Recchia Of course you do, I see why he regrets not getting into larger properties sooner, but most people will have to start out with smaller ones, and scale up, everyone obviously wants to get into larger properties, but it isn’t a bad idea to gain experience with smaller ones first, which are most likely the only thing beginners can start out with.

@Tyler Kastelberg Not everyone has the money to buy large multifamily properties.

Some people like flipping properties but I’m not a huge fan of speculation. I would rather be building wealth over the long term with cash flow.

About the “big” problems you mentioned:

1) you can manage them yourself

2) if you live way below your means, you can save your cash, network with people, and you can easily scale.

I think that multifamily (2-4 units) is one of the best types of properties to invest in especially when first getting started change my mind.

@Jonathan Greer I was in a situation like this and I agree with @Bob Collins We ended up removing the wallpaper from the drywall. So yeah it can be done and it would be a lot better than spraying the wallpaper.

@Christopher Whitson you’re welcome and keep on d4d!!