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All Forum Posts by: Thomas Bailey

Thomas Bailey has started 5 posts and replied 12 times.

Post: New Investor from Utah

Thomas BaileyPosted
  • Centerville, UT
  • Posts 12
  • Votes 4
I worked at a financial advising firm for 2 years... I quit that job in the spring... because it was boring. I sat in a cubicle.... I built enough macros that I literally killed my job. When I quit my job I handed over the macros.... to this date they did not replace me. Haha I now work in corporate finance at a large firm. I'm starting to feel the same way as I did about my last job. Long story short I don't think the cubicle life is for me. The longer I stay on one... the more hungry I am in real estate.

Post: New Investor from Utah

Thomas BaileyPosted
  • Centerville, UT
  • Posts 12
  • Votes 4
Hello! My name is Thomas, I live in centerville Utah. I've always been intrigued in real estate... but I've never done anything about it. I'm currently getting my masters in finance, and I currently live with my parents. I took a real estate class, where honestly I didn't learn a ton when it comes to investing (I can calculate cap rates and understand corner lots sell more then middle lots... haha. And other mediocre stuff...) My professor told me, since I am single... I should buy a quad plex, live in one unit, and the other units out. I can use an FHA loan to maximize my leverage. Any suggestions on where to start or how to start would be grateful! I'm definitely new.