New Investor | Studying Real Estate Finance & Development | Ready To Start

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New Investor | Studying Real Estate Finance & Development | Ready To Start

Spencer Reckles
Los Angeles · Member since 2022 · 3 posts · 8 votes

I’ve been learning about real estate since high school and always saw it as the path I wanted to take to build long-term wealth. I’m now approaching the halfway point in my undergraduate degree in Real Estate Finance & Development. I’ve had internships in commercial real estate acquisitions and investment.

At this point, I feel confident with market analysis, underwriting, real estate fundamentals, and the general process of executing a deal. Now I’m looking to start applying that knowledge in a real, hands-on way. I worked throughout high school and have that money saved/invested. It's enough to get a property in a more affordable market. I’d like to connect with investors who have completed a deal and could help guide me through some of the more minute details of a deal.

I'm most interested in learning how to invest in out of state, core-plus or value-add properties.

If this resonates with anyone, feel free to reach out. I’d love to connect, learn more about what you’re working on, and see if there’s an opportunity to collaborate.

Looking forward to meeting more people in this community.

— Spencer

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Marc RiceBusiness Member
Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2018 · 2k+ posts · 1k+ votes
10mo
Quote from @Spencer Reckles:

I’ve been learning about real estate since high school and always saw it as the path I wanted to take to build long-term wealth. I’m now approaching the halfway point in my undergraduate degree in Real Estate Finance & Development. I’ve had internships in commercial real estate acquisitions and investment.

At this point, I feel confident with market analysis, underwriting, real estate fundamentals, and the general process of executing a deal. Now I’m looking to start applying that knowledge in a real, hands-on way. I worked throughout high school and have that money saved/invested. It's enough to get a property in a more affordable market. I’d like to connect with investors who have completed a deal and could help guide me through some of the more minute details of a deal.

I'm most interested in learning how to invest in out of state, core-plus or value-add properties.

If this resonates with anyone, feel free to reach out. I’d love to connect, learn more about what you’re working on, and see if there’s an opportunity to collaborate.

Looking forward to meeting more people in this community.

— Spencer

Hey Spencer, I'm a Realtor and investor based in Columbus, OH, with a portfolio of 50+ units. I can help you learning OOS and other investment strategies.  Happy to share the knowledge I have on this field!
[email protected]614-363-2787
Marc Rice | Investor Friendly Agent at Reafco Tailwind Team574 Reviews
WebsiteView Page
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  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    10mo

    @Spencer Reckles

    i recommend starting with a house hack

    0Reply
  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    10mo

    Spencer - you're setting yourself up for a great future by already thinking about real estate now.

    Could you house hack in your college market and then rent the place out post move out? That way, you could put down a lower down payment and reduce your housing expenses. 

    Out of state investing can be great but building the right team there is crucial. I'd recommend reading David greenes book on long distance real estate investing. 

    [email protected]
    Brick House CPAs53 Reviews
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    0Reply
  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    10mo
    Quote from @Spencer Reckles:

    I’ve been learning about real estate since high school and always saw it as the path I wanted to take to build long-term wealth. I’m now approaching the halfway point in my undergraduate degree in Real Estate Finance & Development. I’ve had internships in commercial real estate acquisitions and investment.

    At this point, I feel confident with market analysis, underwriting, real estate fundamentals, and the general process of executing a deal. Now I’m looking to start applying that knowledge in a real, hands-on way. I worked throughout high school and have that money saved/invested. It's enough to get a property in a more affordable market. I’d like to connect with investors who have completed a deal and could help guide me through some of the more minute details of a deal.

    I'm most interested in learning how to invest in out of state, core-plus or value-add properties.

    If this resonates with anyone, feel free to reach out. I’d love to connect, learn more about what you’re working on, and see if there’s an opportunity to collaborate.

    Looking forward to meeting more people in this community.

    — Spencer

    Welcome to BP, Spencer! It’s awesome to see someone with your background and drive starting to put theory into practice. Since you’re looking at out-of-state opportunities and value-add or core-plus properties, one market I’d suggest keeping an eye on is Columbus, Ohio. It’s a market with strong fundamentals—population growth, fast job growth, and major companies like Intel, Amazon, Google, Facebook, Honda, Microsoft, and LG expanding here, which drives both rental demand and appreciation. You can still find single-family homes and small multis in the $120K–180K range that hit the 1% rule and provide positive cash flow, which makes testing your strategies more forgiving than a high-cost market. Getting hands-on with a couple of these properties could be a great way to bridge your classroom knowledge with real-world experience. Happy to connect and answer any questions you have!

    [email protected]614-300-7535
    Jimmy Lieu, Red 1 Realty4.9122 Reviews
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    0Reply
  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    10mo
    Quote from @Spencer Reckles:

    I’ve been learning about real estate since high school and always saw it as the path I wanted to take to build long-term wealth. I’m now approaching the halfway point in my undergraduate degree in Real Estate Finance & Development. I’ve had internships in commercial real estate acquisitions and investment.

    At this point, I feel confident with market analysis, underwriting, real estate fundamentals, and the general process of executing a deal. Now I’m looking to start applying that knowledge in a real, hands-on way. I worked throughout high school and have that money saved/invested. It's enough to get a property in a more affordable market. I’d like to connect with investors who have completed a deal and could help guide me through some of the more minute details of a deal.

    I'm most interested in learning how to invest in out of state, core-plus or value-add properties.

    If this resonates with anyone, feel free to reach out. I’d love to connect, learn more about what you’re working on, and see if there’s an opportunity to collaborate.

    Looking forward to meeting more people in this community.

    — Spencer


     Let me know if you want to hop on a call. I love young hustlers since I was also once in your shoes too. Whichever market you choose - make sure it is landlord friendly, find a GOOD agent that invests themselves. 

    Understand location, visit the site if you need too, have boots on the ground. Connect with good lenders, contractors/handymen, and PM that can be there in your place. 

    Goodluck man! Rooting for you.

    [email protected]614-802-5698
    ReafCo | Ahmed Group 533 Reviews
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    0Reply
  • Marc RiceBusiness Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2018 · 2k+ posts · 1k+ votes
    10mo
    Quote from @Spencer Reckles:

    I’ve been learning about real estate since high school and always saw it as the path I wanted to take to build long-term wealth. I’m now approaching the halfway point in my undergraduate degree in Real Estate Finance & Development. I’ve had internships in commercial real estate acquisitions and investment.

    At this point, I feel confident with market analysis, underwriting, real estate fundamentals, and the general process of executing a deal. Now I’m looking to start applying that knowledge in a real, hands-on way. I worked throughout high school and have that money saved/invested. It's enough to get a property in a more affordable market. I’d like to connect with investors who have completed a deal and could help guide me through some of the more minute details of a deal.

    I'm most interested in learning how to invest in out of state, core-plus or value-add properties.

    If this resonates with anyone, feel free to reach out. I’d love to connect, learn more about what you’re working on, and see if there’s an opportunity to collaborate.

    Looking forward to meeting more people in this community.

    — Spencer

    Hey Spencer, I'm a Realtor and investor based in Columbus, OH, with a portfolio of 50+ units. I can help you learning OOS and other investment strategies.  Happy to share the knowledge I have on this field!
    [email protected]614-363-2787
    Marc Rice | Investor Friendly Agent at Reafco Tailwind Team574 Reviews
    WebsiteView Page
    1Reply
  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    10mo
    Quote from @Spencer Reckles:

    I’ve been learning about real estate since high school and always saw it as the path I wanted to take to build long-term wealth. I’m now approaching the halfway point in my undergraduate degree in Real Estate Finance & Development. I’ve had internships in commercial real estate acquisitions and investment.

    At this point, I feel confident with market analysis, underwriting, real estate fundamentals, and the general process of executing a deal. Now I’m looking to start applying that knowledge in a real, hands-on way. I worked throughout high school and have that money saved/invested. It's enough to get a property in a more affordable market. I’d like to connect with investors who have completed a deal and could help guide me through some of the more minute details of a deal.

    I'm most interested in learning how to invest in out of state, core-plus or value-add properties.

    If this resonates with anyone, feel free to reach out. I’d love to connect, learn more about what you’re working on, and see if there’s an opportunity to collaborate.

    Looking forward to meeting more people in this community.

    — Spencer


     Welcome!

    [email protected]614-541-8475Podcast Guest on Show My Job Laid Me Off, So I Replaced My Salary with Rentals
    Reafco512 Reviews
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    0Reply
  • Elealeh Fulmaran
    Specialist · Member since 2025 · 483 posts · 270 votes
    10mo

    Spencer, impressive foundation—Real Estate Finance degree and internships give you a huge head start. Two quick moves: pick one affordable market and a tight buy box for core-plus so you can underwrite 5 real listings weekly, then network with local PMs and agents via REIAs or BiggerPockets to verify numbers and build your remote team.

    What market are you targeting first for that out-of-state value-add, and when do you want to submit your first offer?

    0Reply
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