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Updated over 5 years ago on . Most recent reply

User Stats

7
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7
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Tyler Kneer
  • New to Real Estate
  • Evansville, IN
7
Votes |
7
Posts

Future Investor Looking for Guidance

Tyler Kneer
  • New to Real Estate
  • Evansville, IN
Posted

My name is Tyler and I am 20 years old. I recently graduated with a bachelor's degree in Construction Management and Architecture from Murray State University.

I am currently employed at an architectural firm in Evansville, Indiana. I am having second thoughts about grad school to become an Architect just because of the lifestyle everyone around me is living. I know that school will always be there and that I can always come back if need be. 

I think that with my background in construction I will be able to excel at renovations/additions and communicating well with architects, contractors, etc.

I have someone that I wish to be my partner as he and I will hopefully make a good team. He has been doing the financials for another local startup business for the past few years and knows far more than I do about finances and is currently enrolled in an MBA program. 

My/our end goal is to own rental properties that cover our month to month living and then grow our business from there. We understand that it isn't a get rich scheme and that it is hard work. 

Looking for suggestions on how to get started and what the best course of action for two college students to start investing is!

Thanks!

Most Popular Reply

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3,507
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3,256
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John Teachout
  • Rental Property Investor
  • Concord, GA
3,256
Votes |
3,507
Posts
John Teachout
  • Rental Property Investor
  • Concord, GA
Replied

Earn some money at your job (and get some experience), pay down debt (if you have any) and then with some accumulated savings, buy a fixer property, fix it up in your spare time and get it rented. Save up some more money and put the rent income with it and then do it again, and again...

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