New member from South Bend, IN / McKinney, TX

[Ryan Palczynski]

Hey everyone! My name is Ryan Palczynski and I'm a new member in the South Bend, Indiana area. I'm actually a current freshman at the University of Notre Dame, pursuing a degree in Architecture and studying Finance and Real Estate on the side. I'm originally from McKinney, TX, an hour north of Dallas, but currently plan to settle down in Chicago working for an architecture firm after graduation in 2023.

I'm 18, but I've done a lot of research on real estate investing, and plan to begin wholesaling properties in the far north suburbs of Dallas like McKinney, Prosper, and Melissa, TX. Without any credit history, this is my best way to get started without having to put my own money down or be approved of a loan. I plan to start building credit soon by opening two new credit accounts with secured cards - that seems to be the safest way to start.

I'd like my first investment property to be a rental near the Notre Dame campus, and I'm aiming to purchase it over the summer before my senior year, giving me time to make small improvements to the property and secure tenants before the beginning of the academic year. Ultimately, I'd like to build a portfolio of cashflowing rental properties so I don't have to depend on income from a 9-5 job to provide for my future family. That's the dream: being able to provide for and spend time with my family, without being financially dependent on a time-consuming job.

Thanks for welcoming me to the community! I'm definitely excited to start on this journey. 

Ryan Palczynski

[Ryan Palczynski]

@Aaron Linden Dude, it's crazy - $16k/year is out of my price range! Unfortunately, they just changed campus policy too - now, undergraduate students are required to reside on campus for their first three years, leaving only seniors and graduate students as the market for tenants.