I was making about $40k a year in a sales job I absolutely hated. I think I have always had a bit of entrepreneur in me, so I will never thoroughly enjoy a job working for someone else. I only had like $5k in my savings and most of that was just emergency money. I started getting interested in real estate because I realized there are so many opportunities and ways to make money, actively and passively, so I decided to make a change.
I read tons of books on real estate for like 6 months straight, listened to so many bigger pockets podcasts and I was on YouTube listening to people explain different ways to invest, avenues, success stories etc. All in that time I lived frugally and saved a measly $10k to buy a condo with no money down (using a special Mass Housing loan) while working that job I hated. I then fixed up the condo myself while living there for cheap (kitchen, flooring, painting) and basically was in a little construction zone. After I finished it, about a year later, I sold it for $70k profit and then bought myself a duplex to house hack with a VA loan, using a creative BRRRR method that you can see on my profile if curious (zero money down again plus made $20k back). The crazy uptick in the market helped out, but also the drive to just start and make things happen is what started me. Now I am living for free and the slow snowball of properties have began.
I guess you can say I started from $0 and utilized no money down loans to get a few properties started. I educated myself and didn't have a mentor or anything, just learned myself and had friends and family help me renovate. I now network and talk to a lot of investors for advice though. Currently I am looking to possibly purchase an 8 unit property that will really get me going. This has all happened in 2021 so far, excited to see what I can do in 2022 and on!
