Newbie From The Little Apple
Hello everyone,
My name is Trevor Neis and I am a relatively new member of bigger pockets. I have been listening to the podcast and reading forum posts for several months now, and finally decided to make an introduction post. I am a 21 year old farm boy from Eudora, Kansas, and are currently attending Kansas State University in Manhattan, KS. I would say that I have never done any deals, but after listening to the podcasts I realized I had begun my real estate investing career without even realizing it. My sophomore year of college I bought a 4 bedroom house so me and my friends from high school could live for cheaper than paying the steep rent for other run down houses in the college neighborhoods. So, I guess you could say I am currently house hacking my way through college, and it has gone very well so far.
I am excited to continue my real estate career, and buy another property hopefully before I graduate. I plan to keep the house I am currently in and use it as a buy and hold. My next step is to buy another buy and hold property in the next 6-18 months in Manhattan, as I suspect I will be able to find a few properties that will meet the 2% rule. Currently the rental market is saturated in Manhattan, and the amount to houses to be rented has outgrown the amount of renters. I plan to find owners that need to quickly sell their houses because they cannot find tenants, and maybe use a few owner finances along the way. Houses are relatively expensive to buy in Manhattan currently, and I suspect that as some of these investors unload their properties at a cheaper price point, people that could not afford to buy a house then, can now. This will hopefully correct the rental market, and I will have acquired a decent amount of properties during that time.
I look forward to meeting and talking to all fo you on the forums, and am fired up to start building my career as a real estate investor!