All Forum Posts by: Tony R Fox

Hey Guys. I just graduated from college with a degree in Engineering Physics. I am 22 years old and a manufacturing engineer for a growing company in Connecticut. I would love to create 8 streams of income. I have no children, I live at home with my parents. This is the perfect time for me to build the foundation for future wealth while having limited responsibilities. Can you guys help me with any and all realistic ideas? No small freelancing tasks, but rather creating streams of income, solid business models, that can grow in the future. I am thinking of a marketing firm, developing apps, becoming a property manager, being a teacher on the weekends. Any feedback is great! Thanks everyone!

@Costin I. Thank you so much for the info. I will look into getting a fourplex. A couple extra hundred bucks a month goes a long way!

@Aaron Millis Hey buddy! I certainly appreciate your words of advice. I'm definitely learning a lot with BP and its great to have such support!

@Matt Proudlove that was very helpful. thank you so much for that!

@Matt Proudlove yes, I wondered how/what are the tax implications involved with buying and flipping RE. Can you further explain? Maybe @Allan Rosso can chime in as well? I do intend to get a masters. I'll look into online programs and John's Hopkins!

@Steve Milford thank you so much for your feedback. That is a great way to get started. I will have W-2 income starting this Monday. I intend to further build and save. I have partners that are willing to help invest and of course, take their percentage of profits

@Doug Pretorius thank you! What are FSBOs? It sounds very interesting and a good way to start

@David Hallner thank you so much for your input. I'm certainly excited to be a young engineer, but also am very excited to become a new RE investor. My goal is to buy a large commercial multi family

@Allan Rosso I appreciate your feedback in the thread! I will reach out to you for sure if I have questions!

@Richard Xiong thanks so much for the valuable information!!!