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All Forum Posts by: Josiah Harp

Josiah Harp has started 2 posts and replied 12 times.

Post: Career advice for future investing

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Frank Hinck Thank you Frank! Yes, I job shadowed a commercial appraiser. There’s a good amount of course work to become certified in that. And that’s a good tip on giving flippers ARVs on their flips for a side hustle. Also, I do believe you have to be an agent for two years to become a property manager where I live. Thanks so much for the advice!

Post: Career advice for future investing

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Taylor L.

Thank you Taylor! That makes sense to find something that I can see myself enjoying. After all, I would be doing it a whole lot! And yes, any of these careers really should give me awesome connections in the industry. Connections and knowledge are very important. Thank you for taking the time to reply. I appreciate it!

Post: Career advice for future investing

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

Career advice

So I’m 20 years old and I have one year of college left. I will graduate with a bachelors in business management.

My question is... what should I do for a career when I graduate? Here are some options I’ve thought about. All of these relate to real estate. I think I would enjoy doing something involving real estate because it genuinely interests me. Also, the end goal would be becoming more on the real estate investor side of things. I’d love to be able to make an income that allows me to invest in real estate.

Real Estate Appraiser:

I like this job option because it involves real estate and you make money by how hard you’re willing to work. And you can work for someone to start out, but open your own business when you’re comfortable enough to and make more money. It’s not as sales-y like being an agent is.

Also, the amount of real estate appraisers are declining as a whole because of their age and advancing technology. I don’t know if this is a good thing or bad thing. Possibly good because there will be less competition, but also possibly bad because technology is advancing so real estate appraisers may become obsolete.

Real Estate Inspector:

Same reasons as above. Less likely to become obsolete.

Real Estate Agent:

I like the aspect where you can “make as much money as you want” if you put in the work, but I also kinda hate the idea of constantly finding clients. Seems like you gotta be selling yourself all the time. Sounds exhausting for someone like me.

Property manager:

Can work for someone. Have to find clients if going solo.

Loan officer:

I don’t know a ton about this occupation yet. I know you can either work for a bank or yourself. Pros and cons to both just like the options listed above. I find it interesting how financing works and banking in general.

Manager:

Using my degree and becoming a manager of some type at either hospital, bank, hotel, airport, or retail. This to me would be the least stressful in terms of finances, but you’re restricted to a salary.

Any thoughts, suggestions, or ideas would be much appreciated! Or if you could do it all over again, what would you do to maximize you’re real estate investing career?

Thank you!

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Alex Zipeto thank you for the advice! I’m currently interviewing for some jobs right now. And exploring my options for how I can bring a partner on.

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Nick Rutkowski yes, bringing on a partner is a great idea. One of my only options at this point really.

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Nick Prahalis thank you for the advice! It’s encouraging to hear other people that are in the same shoes as me and what they’re doing despite the challenges.

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Josiah Patrick Zebarth haha, I like your name too! :D but yeah, that is a good idea. I think I’m going to contact a local investor I know and see what he says about it all. It’ll be my first time talking to him, but my parents know him. I’ll be interested to see what he says because he has around 50 units in the area so he knows our area pretty well.

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Ujwal Velagapudi thank you for the advice! I also think it would be a good idea to just lay low for now considering the market. I just need to be patient for a little bit and save!

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Todd Nagel appreciate the response! I think managing the property could be a viable option. And I think I will look for investors near by and ask them about it. See what they think and possibly partner up in some way shape or form.

Post: House Hacking at 20?

Josiah HarpPosted
  • Campbellsville, KY
  • Posts 12
  • Votes 1

@Collin Corrinton thanks for the response! That makes sense that an FHA loan won't work at my stage in life right now. I will for sure have to get creative with it if I wanna go through with a deal now. I will look into connecting with some investors. I know of a few in particular that go to my church so that's a good start.