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New investor from Clarksville, Maryland

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  • Posts 4
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Jin Hwang

posted about 1 year ago

Hey guys!

My name is Jin and I'm a 20 year old that's trying to get an early start to financial freedom. Somethings to know about me is that I'm a high school graduate who decided not to go to college because it would have been honestly a waste of time for me. I don't want to end up going through the same high school degree > college degree > salary job process. I currently work in the family business of beauty supply with our 10th location that we just opened up. The reason I actaully looked specifically into real estate is because the thought of forming a process, being able to actively make it more efficient, and working in a team setting compliments well with my personality.

My goals in real estate is that I'd like to make as much passive income and eventually getting to a point of having enough cash to be able to buy and hold in expensive areas as well. More specifically, i'm looking to build a very cooperative team to be able to invest out of state consistently.
Along the way, I'd like to use my time I'm not working on real estate to grow the family business. 

My family also have done the traditional buy and hold investing before but I'd like to go through a different route by utilizing the BRRRR method to supercharge my wealth building. My father is unfamiliar but also curious with the method and is onboard to support me financially on this journey. The reason I joined biggerpockets is to build connections or receive tips/advice to maybe jump start us in the right direction.

Sorry for the lengthy introduction but I look forward to discussing and meeting with you guys!

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  • Posts 120
  • Votes 28

Rob Witt
from Indianola, Iowa

replied about 1 year ago

@Jin Hwang

Good luck!

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  • Posts 26
  • Votes 16

Brandon C.J. Grimes
from Wheaton, MD

replied about 1 year ago

Hi @Jin Hwang Good luck on your journey!

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Rentals, Real Estate Finance, and Maintenance
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Russell Brazil (Moderator) -
Real Estate Agent from Washington, D.C.

replied about 1 year ago

Awesome man. Welcome to BP.

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Team, Residential, and Rentals
  • Posts 6.8K
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Andrew Syrios (Moderator) -
Residential Real Estate Investor from Kansas City, MO

replied about 1 year ago

Welcome to BiggerPockets Jin!

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  • Posts 4
  • Votes 7

Jin Hwang

replied about 1 year ago

Thank you guys for your warm welcomes!

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Flipping and Taxes & Accounting
  • Posts 15K
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Ned Carey (Moderator) -
Investor from Baltimore, MD

replied about 1 year ago

@Jin Hwang welcome to BP.   There are a ton of people here from the area willing to help out. 

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James Wise
Real Estate Broker from Cleveland, OH

replied about 1 year ago
Originally posted by @Jin Hwang :

Hey guys!

My name is Jin and I'm a 20 year old that's trying to get an early start to financial freedom. Somethings to know about me is that I'm a high school graduate who decided not to go to college because it would have been honestly a waste of time for me. I don't want to end up going through the same high school degree > college degree > salary job process. I currently work in the family business of beauty supply with our 10th location that we just opened up. The reason I actaully looked specifically into real estate is because the thought of forming a process, being able to actively make it more efficient, and working in a team setting compliments well with my personality.

My goals in real estate is that I'd like to make as much passive income and eventually getting to a point of having enough cash to be able to buy and hold in expensive areas as well. More specifically, i'm looking to build a very cooperative team to be able to invest out of state consistently.
Along the way, I'd like to use my time I'm not working on real estate to grow the family business. 

My family also have done the traditional buy and hold investing before but I'd like to go through a different route by utilizing the BRRRR method to supercharge my wealth building. My father is unfamiliar but also curious with the method and is onboard to support me financially on this journey. The reason I joined biggerpockets is to build connections or receive tips/advice to maybe jump start us in the right direction.

Sorry for the lengthy introduction but I look forward to discussing and meeting with you guys!

 Welcome aboard Jin.

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  • Posts 1.2K
  • Votes 1.0K

Nick Rutkowski
Rental Property Investor from Ithaca, NY

replied about 1 year ago

@Jin Hwang

Welcome to BP, BRRR method is an awesome strategy to generate wealth. There are plenty of forums that helped me implement this strategy, Im sure you'll find something that will help you. Good luck!

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Anthoney Hanks
Real Estate Agent from Forney, TX

replied about 1 year ago

@Jin Hwang Welcome to BiggerPockets! Truly nice to meet you. Good luck going forward! 😁

It is good you realize college is not a good thing for now. But you can always circle back later, if it makes sense.

The BRRRR is a good strategy. I plan to use it in my strategy. Hope you well!!🤠

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Dmitriy Fomichenko
Solo 401k Expert from Anaheim Hills, CA

replied about 1 year ago

@Jin Hwang

Welcome to the BP family! Good to have you here! Here are some recommendations for you:

Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
Check out BP Podcasts: https://www.biggerpockets.com/podcast

If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

Wishing you the best!

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  • Posts 9
  • Votes 0

Eric L Lisica
Flipper/Rehabber

replied about 1 year ago

Investor from MD here always looking to connect, share ideas, deals, etc. Please reach out anytime. 

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  • Posts 147
  • Votes 62

Kyle Deutschmann
Lender from Baltimore, MD

replied about 1 year ago

@Jin Hwang hey Jim, welcome to BP! I actually grew up in Columbia right next to Clarksville so I'm pretty well connected in the area still. Feel free to reach out if theres anything I can help with. Best of luck! Kyle

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  • Posts 4
  • Votes 7

Jin Hwang

replied about 1 year ago

@Eric L Lisica

@Kyle Deutschmann

Thank you very much and I'll be sure to contact with any questions I have!

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  • Posts 1.1K
  • Votes 608

Alyssa Dyer
from Oklahoma City, OK

replied about 1 year ago

@Jin Hwang how exciting! Great to hear that you're starting now. I hear SO MANY investors say they wish they started 20 years ago. I understand you're planning to go OOS. Which market are you living in? 

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  • Posts 4
  • Votes 7

Jin Hwang

replied about 1 year ago

@Alyssa Dyer

Right, might as well take advantage of the time I have now! Currently, I am living in the Maryland market.

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  • Posts 283
  • Votes 90

Ben Guttman
Specialist from Baltimore, MD

replied about 1 year ago

@Jin Hwang welcome to BP!

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  • Posts 1.1K
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Alyssa Dyer
from Oklahoma City, OK

replied about 1 year ago

@Jin Hwang well good luck with the journey. You've got a lot more time to bounce back from mistakes than a lot of people have, so get out there and start learning! If you ever want to chat about OKC I'm happy to discuss it. Keep us up to date with any developments! 

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