All Forum Posts by: Jason R. Besanceney

 Hi Nicholas, thank you for the encouraging words, I will look at those markets as well as what you mentioned to me and try to put some of it into practice, thank you.

 Hi Joe, I am close to graduating as I am entering my last year of schooling here. I plan on staying here for maybe a few years after to continue house hacking and build my portfolio because I believe so much in the area. Just looking to build up my cash as quickly as possible so I appreciate your input. 

Thanks to all of you guys for the response. I have been living below my means and will continue to do so moving forward. I really like the idea of house hacking multifamily. Coming up with the 25% down will be tough because our average home price is around 1 million in the city I am currently living in but will look into slightly less expensive areas in the surrounding markets. Wholesaling interests me as well as getting my real estate license, any recommendations to where I can learn more, thanks again guys for all the responses. Should I look at seller finance deals as well or are those not as popular right now because of the current state of the market, thank you.

In some of my previous posts, I have mentioned that I am a college student and have asked about some of the ways I should get into real estate. House hacking is the most significant recommendation by far so looking into that it would still take roughly 30k-45k to get into a property with an FHA 3.5% down, where I am currently at is super expensive hints why there is a tough time entering the market. So in saving what have some of you done to build up Cash as quickly as possible whether that being scaling your income or selecting a type of job or something I could do to grow my income as fast as possible. I feel like I am at crossroads because of what I have found myself in at this stage of life. Any recommendations would be greatly appreciated, Thanks!

 Thank you, I will look into that USDA loan and also talk with a CPA here on the Central Coast and see what they have to say about my business. Appreciate the response.

Hello, I am currently saving for my first house hack and want to figure out how I can begin to get involved in real estate as soon as possible. The market where I currently live is super expensive as most of California is so even affording a 3.5 or 5% down will take me some time to save for. I am a college student so kind of in a tight spot but I am stacking away cash. I want to know if there are any ways that I can get involved today to help 1: Generate income to put into properties and 2: if so what would you all recommend. I currently work for a w2 while doing school and I have a small landscaping business that I am getting running. What other recommendations does anyone have? 

Also, side note: When I attempt to complete my first house hack will I need a partner on the loan because of my income or will they qualify me based on how the property performs? I called a couple of banks and it seemed they would do both with the 2-year income history and the DSCR loan on how the property will rent. Thanks for all input! Just looking to see the best ways to increase my net worth and then park that money in real estate.

Thank you all for the response, my only issue that I have is that I have signed my lease for the year in my current rental so house hacking would have to wait until next year. Kind of a bummer but I still want to get into real estate as soon as possible so do I have a work around, is there another way I could get involved during this next year, or would it be better for me to stack up as much cash as possible so I can go make some serious deals happen once I am out of college? I am kind of beginning to get FOMO the more I am learning about the topic but I don't let it control my thinking just something I can definitely feel. Thank you guys for all the advice so far, really appreciate it.

Good afternoon, I'm reaching out today trying to get some advice on where I should begin my real estate journey, I've been listening to the podcast for a while now and want to get some skin in the game but am unsure how to start. Any recommendations of what I should do or how I should begin my journey? Would love to hear so thoughts on this. Also is there anyone in the area that I could connect with, I would love to learn from someone nearby or someone that knows the market I'm in. Thanks for the feedback and am looking forward to reading through the responses.