All Forum Posts by: John Belluardo

@Steven Duby Hello Steven, I am studying accounting and plan to invest in Columbus after college. While I do not have a ton of experience analyzing deals, I took a look at your spreadsheet and was impressed by it. It seems very in-depth and well thought out. I appreciate you sharing it. 

@JD Martin thank you, I appreciate your reply because it made me reflect on my interests, goals, and ambitions. This is a tough one to elaborate on here in this forum the because of the depth of my answer but I will try my best.

Like many others, I wasn't exactly quite sure what I wanted to do when I came to college. I knew I had a drive to learn about business, business strategy, finance, and economics. I have a passion for business in general. In high school while others were reading harry potter, I was reading "rich dad" and the "guide to financial independence". I have no aspirations to be super "rich", I just have a desire to have a high level of financial intelligence and independence. I assessed my strengths. Im not extremely entrepreneurial so starting a business from absolutely nothing after high school did not seem like the best fit for me. I am a hard worker though. So, naturally business school was my choice and I love it so far. So next, why accounting? Accounting is an important foundation to any business. I excel at math and problem solving. I want to have a deep understanding of how businesses operate. Also, tax planning and strategy is something that I enjoy studying. I may find out that I do absolutely love working at the "corporate conglomerate" and stay there! I wont know until my internship this winter.

I do not "hate" accounting, I actually enjoy my course work and could see myself in the field. I have thought about working for myself in accounting by obtaining a client base. But I do not feel its realistic to start right out of school. I definitely would want to set myself up for success. I feel like going into industry, building a reputation, building relationships, and finding out how a successful accounting firm operates is not wasted time. 

Next, I didn't stumbled upon the possibilities of real estate until about a year ago. When I found real estate though, I realized that I do have a passion for it and I may want to it be my career. Being in school full time, low income, and lack of credit I haven't quite figured out how to "do" it full time without having huge risks. I am currently trying to put together my first deal though. I do disagree on picking a different major for someone that wants to do real estate full time, an accounting degree has a ton of use for a career in real estate.

Im am picking a field that I enjoy. By studying accounting (which I do like) I can stay in it and invest in real estate on the side or follow my passion and invest full time. Working at a enjoyable corporate firm that provides a relatively high income for 5 years in order to set myself up for a successful long term real estate career seems pretty ideal to me. 

I'd love to hear your thoughts though Jd!

@Robert Ellis I envision "house hacking" a 2-4 unit for my first property and then slowly building a portfolio of small multis. 

@Jared Watson Thanks! I should clarify that I don't expect to stop working by 25, just to have the option to 'retire' from the corporate world so that I can do real estate full time.

@Kim Younkin Thank you for the input! I will have to check out the group.

@Brandon Schlichter Thank you for the input. That's definitely the feeling that I'm getting, the financing will be the hardest part, especially having students loans. But I will find a way eventually! I will have to check out the Columbus REIA

@Danielle Fattizzi Thank you for the kind words! I cant wait to actually get started.

@Austin Freeman yes sir haha

@Austin Freeman I do know Marc Smith haha

I'm originally from the Cleveland area too actually. I'm also currently renting off campus.

We should definitely meet up seeing that we have very similar goals.

@Brad Clarizio I agree with you 100 percent. I'm just trying to figure out the where and how!

@Kyle Strait Best of luck to you! What type of investing are you getting into?