Monroeville, PA · Member since 2015 · 10 posts · 4 votes
My name is Tyler. I am currently a junior Finance major at Penn State. I am from the Pittsburgh, PA area.
I have always had an interest in real estate. My dad has owned rentals and flipped units for as long as I can remember. I have helped him do things such as unit maintenance, collect rents, and review leases.
I would ideally like to get involved in real estate through wholesaling because I do not have much cash on hand to buy properties/take out loans at the moment. Once I establish myself and begin to generate cash, I would like to look more into investing in rental units and flipping properties.
I would prefer to be involved in the real estate business in the Pittsburgh and State College areas.
Real Estate Investor · Pittsburgh, PA · Member since 2013 · 55 posts · 13 votes
11y
Sounds like a good strategic approach! You have a solid foundation as well. Learn all you can and get a mentor as well who is doing what you want to do in a much bigger way. Think Big! Always. Best of luck - Jason Cohen Pittsburgh
Sounds like a good strategic approach! You have a solid foundation as well. Learn all you can and get a mentor as well who is doing what you want to do in a much bigger way. Think Big! Always. Best of luck - Jason Cohen Pittsburgh
I appreciate it. I'm looking forward to getting started.
Real Estate Broker · Indianapolis, IN · Member since 2014 · 3k+ posts · 2k+ votes
11y
Listen to the podcasts on here and get a thorough understanding of how to wholesale. It sounds like you have a leg up with your dad's experience. A big part of wholesale is all about how hard you want to work to find the deals. There are people who supposedly have found deals on CL. You could look into DM (my personal favorite) or bandit signs if they are legal in your area.
Listen to the podcasts on here and get a thorough understanding of how to wholesale. It sounds like you have a leg up with your dad's experience. A big part of wholesale is all about how hard you want to work to find the deals. There are people who supposedly have found deals on CL. You could look into DM (my personal favorite) or bandit signs if they are legal in your area.
I'll definitely start with the podcasts. I appreciate the tips!
Welcome. A buddy rents out his parents in law on Airbnb gets $200 a night 90% occupied using the $ to pay off his college. Take a good look at student housing see below.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over