No, No, and No.  Better to protect your personal information.  

32. One rental. Shopping for number two !

@Ryan Hazelwood

I'm 23 y/o and just bought my 2nd property. Purchased my first SFH when I was 20 and is still a full time rental.

Seeking more properties in the near future. Going to try a multi-family next.

@Bob Romano How did you raise the funds to purchase more properties after your first one?

@Marcus Del Bianco Well, the first property I bought was a flip, so I made $45k on that and used this money for the down payment on the second. Refinanced the 2nd 8 months later and pulled out about 40k on that one to buy the 3rd and so forth...

35 two duplexes and one single family that's set up like duplex. I have three tenants and the other two apartments are on the market.

@Ryan Hazelwood just turned 30, saved up a nice chunk of capital for investing, and just got pre-approved to get started on my 1st last week! I'm excited for what the future holds. Goal is to do a mix of small MFH (2-4), and SFH, at a rate of 2/year (every six months).

@Ryan Hazelwood

I am 37 now. I bought my primary residence 4 years ago with 15 % down payment. About 1.5 years later, I bought my first 4 unit multi family using a home equity loan for a 25% downpayment. We paid off that equity loan and just 3 months ago, we bought a 3 unit multi family. Cash flow is really good with both properties. My wife and I have a full time job. It’s quite a challenge to manage everything but it’s worth it. We are saving all cash and ready to purchase another property but right now inventory is really low in our area.

We save more than we spent. I see people driving nice cars, buying boats and living in nice houses and above their means.

One of the best decisionsI have made was to enter real estate investment so good luck to you Ryan!

@Ryan Hazelwood

29yrs old, 30 units, multifamily

@Ryan Hazelwood

I'm 27 (28 in September). Wife is 25. We have 5 units (1 SFH and 1 4plex). Next month we close on a SFH for us to live in. We are buying a lower end house for the neighborhood and over the next 5-10 year years we will improve it to be one of the nicest in the neighborhood. I'm expecting a VERY good appreciation for the neighborhood and for the town. :)

Anyone can be an investor. You just have to budget your money and find a lender who will work with you. :) good luck!

Originally posted by @Michael McDonald :

@Ryan Hazelwood

46 yrs old, 0 properties

Trying to change that ASAP

My brother talked me into this and it goes against everything I was ever taught, but I’m gonna give it a go. I will have a property by the end of the year.

Trying to decide between starting big and laying everything on the line with a 72 unit apartment building in Kansas City or start small in my hometown (vegas) with 2 4-plexes

Will be 54 this year.  

1997 1 rental

2001 2 rentals.  Running a business. was not focused on RE at all.

2010 purchased a Warehouse and office to expand my company.

2013 purchased 6 SFH in Michigan

2014 sold business, retired, Kept the warehouse and office and rent it out.   Commercial is Way easier, but is a lot of eggs in one basket. 

2014 entered a JV 5 investors total was 97 units. ended in disaster 3 years later (good candidate for what was my biggest disaster and what I learned)

2017 decided to go back to work and get the skills so that if i needed to take over a property I could.

2018 got licensed and started work as a HOA community manager, built my trades list of 100+ contractors and have seen and fixed most problems.

2019 joined another JV 20 units.

2020  got my licence as a rental manager.. looking for work in that area or commercial mortgages, or development etc. anything to improve my skill set.

planning on purchasing my next 9-20 units apartment in late 2020-2021 with myself as the General Partner.  Lots will depend on Covid ..

@Ryan Hazelwood

We started 5 years ago trying to get cash flow retirement. Live in San Diego but decided to invest in the midwest as there is better cap rates and cash flow. We now own 98 units and it started just do some flips as well.

The biggest thing I got out of the responses to You're post you're the one thing that everyone has it, no matter what their age was it the decide to just go out and do it and buy their first one. Our family here in san diego thought we were crazy to be investing in affordable housing 2000 miles away but things are going great and I know they will have the last laugh people always live in fear they're not willing to step out of their comfort zone

I think you need to be a guest on the podcast my friend.

Originally posted by @Wendell Fong :

Originally posted by @Michael McDonald:

@Ryan Hazelwood

46 yrs old, 0 properties

Trying to change that ASAP

My brother talked me into this and it goes against everything I was ever taught, but I’m gonna give it a go. I will have a property by the end of the year.

Trying to decide between starting big and laying everything on the line with a 72 unit apartment building in Kansas City or start small in my hometown (vegas) with 2 4-plexes

Will be 54 this year.  

1997 1 rental

2001 2 rentals.  Running a business. was not focused on RE at all.

2010 purchased a Warehouse and office to expand my company.

2013 purchased 6 SFH in Michigan

2014 sold business, retired, Kept the warehouse and office and rent it out.   Commercial is Way easier, but is a lot of eggs in one basket. 

2014 entered a JV 5 investors total was 97 units. ended in disaster 3 years later (good candidate for what was my biggest disaster and what I learned)

2017 decided to go back to work and get the skills so that if i needed to take over a property I could.

2018 got licensed and started work as a HOA community manager, built my trades list of 100+ contractors and have seen and fixed most problems.

2019 joined another JV 20 units.

2020  got my licence as a rental manager.. looking for work in that area or commercial mortgages, or development etc. anything to improve my skill set.

planning on purchasing my next 9-20 units apartment in late 2020-2021 with myself as the General Partner.  Lots will depend on Covid ..

 

@Ryan Hazelwood

I'm 42 and I just have 1 mother in law apartment (ADU) under my belt. I converted part of my house about 5 years ago and it was by far the best financial move I have ever made. The process to create a legal ADU wasn't bad or particularly expensive. My house hack has prepared me with the basics of being a landlord and some of the minor headaches that have taught me great lessons for the future. My goal is to buy another property by next summer. I am so inspired by the young folks on biggerpockets who have chosen to go "all in" so early in their lives. Cheers to you all and best wishes investing.

@Ryan Hazelwood

26 years old 3 rental units(1single family and 2 townhouses) started 3 years ago with the goal being 1 new rental a year. Thinking of selling the single family that I have about 100-120K in equity and buying more townhomes with that money.

@Marcia Maynard I needed to read this post more than you know!!! Thank you for sharing... I think it was meant for me... at least the ”strategy” portion. Your words of wisdom... ”stay the course” and faith in God.. was just what I needed to read tonight! Thanks for sharing.. Be safe and God bless!

30 years old, been investing heavily for 4 years. Current portfolio - 193 Residential Units, 1 Commercial unit, 25 competed flips. All Ohio where I live. Was at 604 units at cap, but sold off some to maintain comfortable levels of leverage and moderate cash flow. I focus on the BRRRR process, and a mix between creative, traditional, and conventional financing.

@Ryan Hazelwood 

25-  8 properties 16 units mainly 2 bedroom apartments 

I'm 57 and have 14 rental units. (12 SFR's, one has two apartments behind the garage) Me and my wife have been investing about 17 years. We have made all of the mistakes.. renting to family, falling for tenant stories.

Age: 29, 297 units total (most in Virginia). Apartment complex and 1 SFH

HI,

I am 25 years old. I bought my first and only property (so far) at 23. I currently own 1 duplex that I am house hacking while I save and learn for future projects.

@David Zheng I am so impressed, I hope to scale as fast as you!

Currently 27 and just closed on my third unit.

37, 0 rental properties but this post is very inspiring! 

planning for my first SFH or multiplex early next year

How do you manage to put 20 to 25% down on each investment property. I live in bay area where SFH on average go over 1 million dollars. Thats 250k for each property.

@Ryan Hazelwood I'm 36, I bought my first (and only) townhome back in 2011 and have been house hacking ever since (mainly out of necessity because I didn't think I could/didn't want to cover the whole mortgage back then. I've been working abroad the past few years and looking to relocate back to the US and get more properties, then came across the Bigger Pockets network so am learning as much as I can before jumping in to a BRRRR in the next 6-12 months