Kansas City, MO 路 Member since 2019 路 2 posts 路 4 votes
I've been watching the YouTube videos for a while and finally decided to join here.
I've been a truck driver for over 13 years and am looking at getting into rental properties as a way out of the trucking lifestyle.
With my current schedule having me gone all week, I'm thinking I'll have to start out with large multifamily investments in order to supplement my income. I'd be taking a sizable pay cut to be home daily.
I'm here mainly looking for advice and support on choosing my first property/ies
I'm looking forward to seeing what all you community has to offer!
Real Estate Broker 路 Forney, TX 路 Member since 2019 路 1k+ posts 路 399 votes
6y
@Matthew A Ronkoski Welcome to BiggerPockets! Truly nice to meet you. Good luck going forward! 馃榿 Sounds like a good start. Check out FHA and FHA 203 loan as loan options. You can house hack to get rental properties.
Real Estate Broker 路 Forney, TX 路 Member since 2019 路 1k+ posts 路 399 votes
6y
@Matthew A Ronkoski Welcome to BiggerPockets! Truly nice to meet you. Good luck going forward! 馃榿 Sounds like a good start. Check out FHA and FHA 203 loan as loan options. You can house hack to get rental properties.
I've been watching the YouTube videos for a while and finally decided to join here.
I've been a truck driver for over 13 years and am looking at getting into rental properties as a way out of the trucking lifestyle.
With my current schedule having me gone all week, I'm thinking I'll have to start out with large multifamily investments in order to supplement my income. I'd be taking a sizable pay cut to be home daily.
I'm here mainly looking for advice and support on choosing my first property/ies
I'm looking forward to seeing what all you community has to offer!
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Welcome to BP! I would highly recommend you join in our local BP meetups to meet other investors and expand your network. I am here to learn and get to know people as well. Hope to see you soon!
Real Estate Broker 路 Phoenix, AZ 路 Member since 2013 路 749 posts 路 399 votes
6y
@Matthew A Ronkoski welcome. Tons you can learn here from free, a ton of it you have to learn the hard/old fashioned way. When you say large scale multi-family, how many doors are you talking?
@Matthew A Ronkoski welcome. Tons you can learn here from free, a ton of it you have to learn the hard/old fashioned way. When you say large scale multi-family, how many doors are you talking?
At least 20 to start. I currently make $2250/wk at work, but am gone all week. I can move into a position that would have me home daily, but that would be a $750/wk pay cut. I'm assuming I'd need to be available to deal with issues sooner than in 3-5 days if I own any rental properties, so I'd need to be able to replace that lost income from my current employer at least to start.
I'm looking forward to meeting some local people and discussing my plans and ideas. I've had a good conversation with one local member already.
I've been watching the YouTube videos for a while and finally decided to join here.
I've been a truck driver for over 13 years and am looking at getting into rental properties as a way out of the trucking lifestyle.
With my current schedule having me gone all week, I'm thinking I'll have to start out with large multifamily investments in order to supplement my income. I'd be taking a sizable pay cut to be home daily.
I'm here mainly looking for advice and support on choosing my first property/ies
I'm looking forward to seeing what all you community has to offer!
Great to connect with you here on BP. Welcome to the BP family.
Glad to help answer any questions about apartment syndications on large multifamily assets.