Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Julia Rao

Julia Rao has started 1 posts and replied 4 times.

Post: Questions from a Newbie

Julia RaoPosted
  • Posts 4
  • Votes 2

@Nicole Heasley Beitenman thanks for sharing that article!!! Such a great read and really challenged what I thought to be true just because I hear people say it all the time 

Post: Questions from a Newbie

Julia RaoPosted
  • Posts 4
  • Votes 2

@Corey Hawkinson thank you so much for sharing! It’s so nice to know I’m not the only that’s been through this and I so appreciate the advice.

Totally agree with you on the job situation.  I am looking at other companies in the field, but I might also be realizing that I don’t like what I do anyway... idk, lots to think about here!

Also, really intrigued by the house hacking a multi family property.  I know I’m just starting out and it’s a little overwhelming, but it seems like it’s REALLY hard to find them! Or they are in really crappy shape.. Will keep doing my research, for sure!

And yes, spouses of engineers are certainly the best :) 

Post: Questions from a Newbie

Julia RaoPosted
  • Posts 4
  • Votes 2

@Brenden Mitchum thanks for the advice! I appreciate it! I’m actually really surprised by your last sentence... I was expecting people to hop on here and say it was not smart of me to be looking into investing before I had my own home. Not sure why it is that I thought that, it just feels weird to me. But you’re making me think now... 

Post: Questions from a Newbie

Julia RaoPosted
  • Posts 4
  • Votes 2

Hi there! I'm brand new to BP and have just started ready books about REI. I'm 25, newly married, living in Durham, NC where I work as a chemical engineer.

I’m going through a quarter life crisis (lol) and considering a career change, as I’m pretty miserable in my current field.  What I’m looking to do would be a significant pay cut, so I’m investigating other options to help fill the financial void I’d be leaving behind. 

REI has definitely piqued my (and my husband's) interest. Before I make any moves I definitely have more research to do, but I just wanted to put a question out there.

My husband and I currently live in an apartment, but we want to buy our own home soon.  I am just waiting to figure out where I’ll be working and what my new salary will be. We have ~$50K saved up towards a down payment. 

We would consider house-hacking, but not totally in love with the idea of having roommates. We also would consider Airbnb-ing a room. But is it even worth it for me to consider buying REI property any time soon, or just focus on our own house? Seems like I should cool my jets with this venture and wait until we have our own house for a few years?

Any advice/opinions welcomed!