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All Forum Posts by: Noah Farley

Noah Farley has started 5 posts and replied 23 times.

Post: I’m 21 and need some advice !

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@Richard Lovering Thank you Richard . I love investing , at 21 yrs old I know I need to invest .

Post: I’m 21 and need some advice !

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@James Galla I am in school to be a helicopter pilot , I am halfway through now . I like around 15k to finish

Post: I’m 21 and need some advice !

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
Hey guys I’m 21 yrs old and my feet are burning to get into real estate . I am in the middle of training to be a helicopter pilot , the cash I have saved up could get me in a duplex (house hacking ) or I could finish school . Any advice really ? Renting a place now for little to nothing , just trying to figure out what to do next ! Helicopters is my dream but I want that passive income that real estate can produce ! I have attended rich dad poor dad Seminars , read a few investing books . Just wanting to get this started at a young age and maybe retire early (wouldn’t that be nice ) . I have a really good paying job 70 k a year and like I said just dying to get started . Should I finish school and then invest or prolong school and invest now . I have around 10k in stock already invested as well ! Thank you for the help and advice !

Post: Multi family (house hack )

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@Jordan Moorhead Thanks for the info ! I will use the calculator

Post: Multi family (house hack )

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
Hey guys just getting started really thinking about house hacking due to not having a lot of capital to start out with ! Any advice or suggestions ? Any formulas that will help ? I am new to real estate but I have read a lot of books and have a good idea of how to go about this ! Just really wanting some good advice from some good folks who has done the same thing ! Thanks for the help ! NF

Post: Buying a Multi family unit

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@Jack Bobeck The going rate around this area is around 800-1200 $ . I honestly believe I could get more . Here is what this multi is renting for now . 2 apt 1 bedroom 1 bath = 450 $ 2 apt 4 bedroom 2 bath = 850$ 1 apt 5 bedroom 4 bath =1395$ 1 apt 5 bedroom 1bath = 1300$ 1 apt 1 bedroom 1 bath = 495$ 1 apt 1 bedroom 1 bath =475$ 1 apt 1bedroon 1 bath =400$ = 6615 $

Post: Buying a Multi family unit

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@Jack Bobeck Thank you for the advice !

Post: Buying a Multi family unit

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@Jack Bobeck Thanks jack I will look into it ! Does it sound like a good deal ? I am still new at this but it would be getting around 3000$ cash flow a month does that sound correct ?

Post: Buying a Multi family unit

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
Hey guys I am a newbie to get this out there . I found a multi family unit , it’s located right beside a nice college . It’s 9 units , Needs no repairs , Its 100% rented out which means no vacancys Total gross rent is 6615 a month They owner who is retiring wants 495,000 for the property’s My questions I don’t have a lot of cash for this deal how could I make this work ? As always Thank you for your responds ! NF

Post: Questions about preforclosure homes !

Noah FarleyPosted
  • Cookeville, TN
  • Posts 23
  • Votes 5
@Vaughn Smith Thank you sir any advice you have for me I would greatly appreciate !