All Forum Posts by: Jalen Henningsen

Hi guys! I am a very driven 23 year old trying to get into Multi-Family investing as fast as possible. I live in Iowa right now, but I am planning on moving to a better market that will uplift my potential to succeed. I am interested in the big city, and was wondering what it would take to get started in New York? I want to house hack and get to financial freedom as fast as possible so I am able to start my own real estate investing business. The reason I'm interested in New York is getting an oppurtunity to meet and learn from the powerful players, and it seems like a place where money can be made. If I'm wrong please let me know and suggest other markets that would be a better starting point. I will have $30K-40K with no debt by December 1st, 2018. Looking forward for the feedback! :)

Hey guys, so I'm a young and new investor from Iowa. I am so anxious to get started in multi-family rental property investing. I will have $30,000 by December of 2018, and I wanted to get your opinion on what you would do differently in you early years that would set you up for massive success and wealth. My plan as of right now is to house hack my first deal, but I am not sure where at. Can't wait for the feedback! :)

@Ryan Cox awesome. Thanks for the help!

@Gino Barbaro I'm very interested in Florida! I have family that lives in Orlando, and no state income tax would be great. From my research, it seems that Fort Lauderdale is growing. Is that a market that would have lower barriers to entry for a young guy?

Thanks for the replies!

@Chris Tracy I am looking to house hack right away and focus on rental properties. I want to start a real estate investing business and not just invest on the side.

@Ryan Cox as a new investor, what's the best way to get into the market if I'll be facing heavy competition? Nashville was on my radar as well as Austin! Those cities seem to be growing and both were on Zillow's top markets for 2018. So my concern is the competition I will be facing for my 1st deal.  

As a young aspiring investor, I want to move to a city that will offer the most potential for me. I currently live in Iowa and am pretty open to moving anywhere. I wanted to ask the community their thoughts and perspectives on what markets they think will be booming in the future and is a good starting place for a young new investor. Looking forward to what everyone has to say! :)

Are most real estate investor's interested in doing their own financial statements/books, or would they rather pay a 3rd party to save time and effort??

Hey all, what would be the best strategy to grow quickly and make the most money?

Thank you @Nick B.

@Kristina Heimstaedt do you know which marketplaces might have the best opportunity in the near future?

Hi all, I am a recent college graduate (23 years old) with no student debt. I majored in finance and marketing, and I am currently a credit analyst at a local bank. Ever since I graduated, I have been educating myself as much as possible on how to create wealth in RE. I'm obsessed with it and eager to start.  The current market I live in does not offer a bunch of opportunity because it is a smaller and lower income town - I plan on moving to a city (not for sure where, but I am looking at many). In my opinion, multi-family and apartments is the way to go. I am looking for advice on how I should approach my 1st deal, as well as developing relationships with other hard-working and respectful investors. Cant wait to hear from you guys! :)

Jalen,