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Updated over 1 year ago on . Most recent reply

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20
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Devin Slone
  • New to Real Estate
  • Huntington, WV
4
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20
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Advice on first deal

Devin Slone
  • New to Real Estate
  • Huntington, WV
Posted

So when learning I hear that location is number 1 thing to focus on and I agree. I also hear that when you’re starting to look and get started in your hometown which is somewhere you know very well. I have found deals in my home town that will cashflow for me BUT, my hometown isn’t the nicest area anywhere other than by the park and university. So location isn’t ideal here. What should I focus on? Would be my first deal as I’m in college!

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1,615
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1,708
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
1,708
Votes |
1,615
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied

@Devin Slone, given that you're still in college, house hacking your first deal should be your top priority. Read, "The House Hacking Strategy" by Craig Curelop to understand the concept. House hacking from one property to the next is a powerful momentum builder to scale your portfolio. Do not undermine this strategy. 

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