Updated almost 8 years ago on . Most recent reply
Investing in College
I am new to Bigger Pockets and new to real estate investing in general. I am in college getting my degree in Finance and wanting to get into real estate investing as soon as I can. I am wondering what the best way to start is?
Most Popular Reply
It’s a great idea to go into investing with your father and learn along the way. I second the hoa thing as that can’t help open doors at times. My son is at BYU and he is my investing partner as well. We have 2 BYU condos, 2 St. George houses, and we have a property under contract in Memphis that he is involved heavily with as he knows the area and people. The more you can learn about it, the more you can completely do your own deal. Money ( or lack of) makes it tougher. I think it is really hard to cash flow anything in Utah County. Prices too high rent too low and too much competition. You may get appreciation but likely not cover mortgage in rent. I’m sure there are some opportunities but it would be tough even doing a huge value add.