New investor from Clarksville, Maryland
17 Replies
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!
Rob Witt
from Indianola, Iowa
replied about 1 year ago
Good luck!
Brandon C.J. Grimes
from Wheaton, MD
replied about 1 year ago
Hi @Jin Hwang Good luck on your journey!
Russell Brazil
(Moderator) -
Real Estate Agent from Washington, D.C.
replied about 1 year ago
Awesome man. Welcome to BP.
Andrew Syrios
(Moderator) -
Residential Real Estate Investor from Kansas City, MO
replied about 1 year ago
Welcome to BiggerPockets Jin!
Jin Hwang
replied about 1 year ago
Thank you guys for your warm welcomes!
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.
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.
Nick Rutkowski
Rental Property Investor from Ithaca, NY
replied about 1 year ago
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!
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!!🤠
Dmitriy Fomichenko
Solo 401k Expert from Anaheim Hills, CA
replied about 1 year ago
Welcome to the BP family! Good to have you here! Here are some recommendations for you:
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Wishing you the best!
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.
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
Jin Hwang
replied about 1 year ago
@Eric L Lisica
Thank you very much and I'll be sure to contact with any questions I have!
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?
Jin Hwang
replied about 1 year ago
Right, might as well take advantage of the time I have now! Currently, I am living in the Maryland market.
Ben Guttman
Specialist from Baltimore, MD
replied about 1 year ago
@Jin Hwang welcome to BP!
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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