Hello! Newbie from Sacramento, Ca
Hi, my name is Dung Tran but I'll be honest I've been going by Tina since as long as I can remember. I'm 24 years old going on 25 this year (boy time flies). I'll be honest I have little knowledge about real estate but I am interested in learning. The only experience I have with real estate is that my parents own one and are looking to acquire another house (one to live in while renting out their first house). They unfortunately have bad timing and seem to always house hunt when there are more buyers then houses that fit their criteria/price range.
I essentially stumbled onto BiggerPockets when I was reading an article about screening tenants (kudos to Brandon Turner for the article and I forwarded my parents that article asap after reading it).
I'm currently living with the folks so I can save money and hopefully (fingers crossed!) land a more secure/better paying job. My original goal was to purchase a house for myself (100k area ideally) that have 3 bedrooms/2 bath so I can have a room to myself yet also have two rooms to rent out so I could potentially live mortgage free. In the mean time the money I would have spent on my mortgage would be put away for another down payment for another house. Depending on how I budget I could easily save up for a down payment on another house (similar price/criteria) in 3-5 years. Rinse and repeat but with better homes/neighborhoods.
If only real life would follow my goal guidelines. ;D
So anyone else in here from Sac area?
Most Popular Reply
Dung Tran, Khang Vu:
Welcome to BP you two. You're both young -- I remember those day! ;-) This is a great time to be learning about real estate and how to invest. Read, learn, and ask a lot of questions. It will help you succeed.
Continues success!