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Updated about 4 years ago on . Most recent reply

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Charles Ledet
  • Austin, TX
2
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9
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New Young Investor / 19 years old

Charles Ledet
  • Austin, TX
Posted

Hello BP! I've been passionate about real estate investing for about 2 years+ now, specifically multifamily properties.

I am currently saving as much capital as possible to &$put a down payment on a multifamily property by the time I am 21.

I have a couple questions for yall and would appreciate an answer tank's !

- Effect short term wealth building strategies?

- Any mistakes/Advice you could tell your beginner self?

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973
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Danny Randazzo
  • Apartment Syndicator
  • Charleston, SC
728
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Danny Randazzo
  • Apartment Syndicator
  • Charleston, SC
Replied

@Charles Ledet, @Greg Dickerson is right that you have some options to make money and build capital reserves. Another idea to build capital is find a house to live in and house hack with roommates so your cost of living is $0 per month and ideally you collect money each month from roommates. Good luck

  • Danny Randazzo
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