All Forum Posts by: Kerlous Tadres

Good evening,

My name is Andrew, I’m 22 years old, and I wanted to take a moment to reintroduce myself to the community. I’m currently a university student with one year left, studying and working in the healthcare field. My military background has instilled in me a strong sense of discipline, motivation, and a willingness to learn—qualities I now channel into my pursuit of real estate investing.

I’ve been following BiggerPockets since I was about 17, dedicating the past several years to expanding my real estate knowledge through countless podcasts and several books, including Rich Dad Poor Dad, The Millionaire Real Estate Investor, Section 8 Bible, and Inc. Yourself. I’m always on the lookout for my next great read to further my education.

For years, I’ve been on the sidelines—watching others live the dream I aspire to—while learning the importance of networking, something I’m now making a more intentional effort to pursue. I’m eager to become more active in the investing and networking space, even though I’m not yet in a position to purchase a property on my own. I have been researching out-of-state investing markets like Columbus, Indianapolis, and Canton, but I still have much to learn about analyzing markets and these specific areas. I am interested in single-family or multi-family homes with a positive cash flow, but more importantly, I am looking to get my foot into the market and further my education by starting my investing journey. I will always have a lot to learn in this business, but I do believe my next step is my education is finally getting off the sidelines and learning firsthand.

Like many aspiring investors, my biggest hurdle has been saving for a down payment, despite living frugally. I have been able to save a good amount while in university for a down payment, but not a full 20% +CC down payment. I've also been exploring creative financing strategies, as I may not yet have the qualifying DTI ratio or two full years of stable employment history. Still, I'm determined to find a path forward, leveraging my growing knowledge, resourcefulness, and willingness to work hard to make my first deal happen and to work on connecting with like-minded people who may have once been in my position.

Hello everyone! My name is Mario, and I'm from Chicago. I'm new to real estate investing and have recently purchased my second property, a multi-family home that I'm currently renovating. I'm eager to connect with a real estate investing group to learn more and explore ways I can contribute and add value. Thank! 

Hi all,

So, I've been investing in real estate for almost 10 years old. In 2 years, I'll have one of my units paid off.  My question: should I use those proceeds to invest in the S&P 500 (my current plan), use those proceeds to pay off my other units or just purchase another property?  

Thanks Kerlous! The area really sounds like a great balance between cash flow and appreciation, of course with its own set of risks and watch-outs. What are your thoughts on starting with a duplex or small multifamily as a first time investor vs a SFH? Thanks again!