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All Forum Posts by: Jamison Borden

Jamison Borden has started 1 posts and replied 2 times.

Thanks so far for the replies everyone! I definitely am more interested in the syndication route than flipping but I know house hacking could be another great route to go early on.

Right now I am able to save a lot of money as I am still living at home, rent free, and my monthly expenses are very low (about $300). I am currently paying off my last bit of debt I owe to my parents, and plan to be debt free before I turn 20 at the end of August.

I am definitely going to start reading some of these books to get in the fast lane. Really appreciate everyones input so far. Gives me a lot of confidence!

Hey everyone! I've been thinking about joining the BP community for a few weeks now. Today I decided to stop putting it off and joined up. Really excited to start absorbing more knowledge as far as real estate is concerned.

Since I'm just starting out, I'm looking to get some general beginners advice on what avenues might be the best for starting my investing journey. Thus far I am very interested in investing in syndication deals and putting money up for equity in a larger commercial property. Additionally, I've thought about going in on some properties and flipping with other people that I know have a track record of working on multi-family homes.

About me:

- I'm 19 years old.

- Make about $65,000 a year before taxes (confident I will be making six figures in the next 2-3 years).

- I work anywhere from 50-60 hours a week (I work in video production).

- I would have roughly 35-40 hours a week available to dedicate to progressing my real estate journey.

For me, the big appeal of being an investor in syndication deals is that it is not as time intensive as other real estate ventures, so I can focus more time into progressing my career in video production and growing my income there. As far as residential properties and flipping, I can see the appeal of getting hands-on experience working and understanding the process of those ventures as well.

Any input would be greatly appreciated! I have been listening to a real estate podcast (haven't started BiggerPockets Pod yet), and bought How to Invest in Real Estate from Brandon Turner and Josh Dorkin (so far it's been a great read). I'm very eager to learn morethanks in advance!

Jamison Borden