Newbie From Albany, NY

[Jacob B.]

Hello everyone! My name is Jake and I am very interested in learning about buying and holding residential multifamily and single family homes. I am currently studying Accounting and business at Schenectady County Community College and UAlbany, while working for Stewart's corporation. 

I recently became interested in Real Estate after talking with several landlords in my Fiancee's family. They have held property for a long time and were able to pay for their children's education and weddings with the money they had saved. After seeing their success, I started to consider Real Estate as an avenue for my own wealth creation. 

My goals for my investing are to replace our W-2 income, start a tax and bookkeeping practice and position myself for an early retirement. I really enjoy my job, so I want to learn how to create a scalable business that I can control while working full time.

[Ryan Vienneau]

Welcome aboard Jacob!  Brilliant decision getting into real estate at your age, I purchased a multi family when I was 19 and still in college, my tenants paid my mortgage and I basically lived for free and it was the best thing I ever did.  In retrospect, the only thing I wish I did differently was do that about 10 more times throughout my 20's and keep every property instead of selling along the way like I did.  

Another word of advice: Don't be deterred when 99% of those around you say you're too young to buy a house or don't know what you're doing or that landlording is awful.  Just read a bunch, talk to people on here, network, and you'll do fine.  Good luck!