19 Years Old, Sophomore in College, First Rental/Investment Property
Howdy! My name is Jacob and I'm looking to invest in my first property! I've read a few books and I've done a lot of research. There are so many factors to consider but I know some people can jump on their first investments without too much worry.
I'm 19 years old and I'm a sophomore at Texas A&M. Gig'em. All I want to do is own and manage rental properties. There is so much potential and passive income available to be retired/comfortable at 25-30! It may sound crazy but I know it is very doable and possible. I have a couple questions that would really help me out if answered:
1. Financing for my first investment? Bank, lender? Where to find them? Best types of loans?
2. Should I invest in Houston (hometown) or College Station? I'm in College Station 8 out of the 12 months. Both maybe?
3. Any personal stories of success (or failure) at a young age?
I appreciate all the replies. Y'all are awesome. Looking forward to growing with this community.
Thanks and Gig 'em!