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Updated almost 9 years ago on . Most recent reply

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Jarodd Butler
  • Omaha, NE
1
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5
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New member from Omaha, Nebraska

Jarodd Butler
  • Omaha, NE
Posted

Hey everyone, my name is Jarodd Butler. I'm currently on track to graduate with my BSBA this December from the University of Omaha Ne. I figured upon graduating and finding a job I would want to invest the money I make in Real Estate and create some residual income. I'm a complete newbie to real estate investing but I have several different strategies I want to learn about. I'm interested in buying and holding rental properties for long term cash flows, House Hacking the next property I live in, and possibly wholesaling to build investment capital quicker. 

I'm interested in suggestions on possibly where to start or dive in. Do you think wholesaling properties would be a good segway into real estate investing, due to its quickness to raise funds and the knowledge I'll pick up? 

Also is it wise to focus on two different strategies at a time or should I just channel my focus on one? 

And last, I really like condos, what are your thoughts on investing in condominiums and using them for rentals or vacation rentals?

Most Popular Reply

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12
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2
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Tyler Bundy
  • Real Estate Agent
  • Omaha, NE
2
Votes |
12
Posts
Tyler Bundy
  • Real Estate Agent
  • Omaha, NE
Replied

@Jarodd Butler Welcome!  Like Matthew said, if your single House hacking is the way to go! I will have to admit that i have thought back many times to before i was married and had 3 kids that if i could have done it again that would be what i would have done.

Condos could be good could be bad... the thing you want to watch out for is the association and how often the increase the dues... they tend to cut into your profits.

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