Starting out again

[James Kulka]

Hi everybody! My name is James and I am 22 years old and looking to get into my first real estate investment via house hacking! I tried getting into this two years ago, however I was less educated on the subject and didn't have much saved up for a downpayment so in turn, I was frustrated that I could only afford a run down shack in the middle of nowhere, so after pushing that goal aside for a little I stumbled upon real estate riches from rich dad poor dad and my interest was peaked again! I now have 35k saved up, and a 750 credit score! I am still living with my parents and am blesssed that they are charging me a very gracious 500 a month for rent that includes food! But I am looking to get into either a duplex or multi family home in a appreciating city/ town where I live, I just wanted to introduce myself and ask how you all found properties? I am looking for an investor friendly real estate agent so I can look at some deals! And any advice would be greatly appreciated!! Thank you all!

[Bryce Jamison]

Check out the concept of a sales / deal funnel. It's basically the concept of taking a large pool of candidates and slowly shrinking them down to a few high qualified and likely deals.

I'm pretty low tech. I use the Zillow filters to select only properties in my buy box, then use the BP Rental Property Calculator to run numbers on the ones I'm interested in. BP also has a new Better Deals tool you could use. I haven't used it much yet, but it seems like it could help as a starting point. If you use it be sure to validate their assumptions like rent and insurance.