All Forum Posts by: Patrick Olownia

Hey everyone!

So, I had an idea and I need help to find out if it's realistic or not. I am currently reading Brandon Turner's "The Book On Rental Property Investing" and have just recently dove into the chapters about finding "fixer uppers" in order to purchase a better deal and in my case, Househack/Buy & Hold. He states numerous times about how he saved money fixing something himself rather than going to a contractor to have it done (Duh it's cheaper dummy!) BUT, my issue is that I am a nurse and not a handy man. I have ZERO experience fixing anything other than layering on some paint and I can't even guarantee that it'll be a job well done.

With this also being said, I would like to have the ability to walk into a property and analyze it's potential repair costs. Brandon emphasizes the importance of "knowing your numbers" and these are numbers I'm dying to know about. Essentially, I'm wondering if I can post an ad on craigslist or even reach out to BiggerPockets members to see if I would be able to tag along for a summer and "help out" for free (I live in Minnesota). Money is not my goal here, it's the knowledge I can obtain from those who have experience in this particular field.

Just flat out, are there too many liability issues to having me tag along and help out that would prevent me from being able to obtain this goal? Would I simply be "useless" without any background in house fixing? I have reached out to one friend who works with his Dad in fixing houses and projects and he said he would discuss with his dad and see what they could do.

Thank you to everyone who reads this post!

-Patrick Olownia

@Jordan Moorhead @Hans H.

How have your guys experiences being land lords and dealing with tenants been?

@Jordan Moorhead I would absolutely love to grab some coffee sometime to hear about your experiences!

Hello all! I am new to the idea of House Hacking and thinking about buying a Duplex/Triplex sometime in the foreseeable future. I reside in MN and thought I'd start a forum to try and get some guidance, ideas, seminars or attend local meet ups.

Also, any success stories are highly welcomed. I notice myself on few occasions getting discourage, simply because I am new to this, but am highly aware that there are growing pains when starting anything new... But that's all part of the fun!

Thanks,

Patrick Olownia

@Kurt Pauley I too would be very interested in joining your House Hacking group! Any information would be splendid.

Looking to chat with individuals who have experience with owning rental properties out of state for the purpose of increasing passive income. I just flat out am not sure where to even begin, from locating the right house, to picking the best rental property management company, to the BRRRR method, etc.

Thanks!

-Patrick Olownia

Hello everyone! I am BRAND NEW to the real estate world and thought I'd take this time to introduce myself and make some new connections.

My name is Patrick Olownia, I am 24 years old and I currently live south of the Twin Cities area and work as an RN on a cardiac unit. My dream (and still is) for last 6 year has been to head back to school and become a Certified Registered Nurse Anesthetist. I am a highly motivated individual, love to work out, read and listen to podcasts just like many of you.

Until recently, the idea of buying into real estate and acquiring "passive cash flowing income" was not something I was aware of. I, like many are still under the impression that I need to work and head back to school to achieve "financial freedom". A friends dad of mine had recently shared his story about rental properties and every since then, I have not been able to stop thinking about this term "passive income". The more I keep saying it, the more my eyes light up and my heart starts racing. I've heard numerous stories now of individuals who started with 1 rental property and now have hundreds. WOW is all I can say and my dream is to aspire to be like those.

My first "goal" is to purchase a duplex or triplex to live in and rent out. As much as I love living with my parents, having home cooked meals and taking our family dog on walks... I'm itching to get out of the house and begin this new adventure.

Over all, I just wanted to introduce myself and welcome any sort of advice or words of wisdom.

Thanks,

Patrick Olownia

Hello everyone! My name is Patrick Olownia, I am 24 and BRAND NEW to real estate investing. I currently work as an RN and love my job, but have just recently started to hear and learn about the idea of buy and hold rental properties and accumulating positive cash flow... My ideal first "goal" is to buy a duplex/triplex to live in and rent out the other rooms.

I am very eager and excited to join you all and I'm sure I will look like a fish out of water but am motivated to learn this market and to hear what everyone has to say.