Tips for first time home investor that is house hacking

Tips for first time home investor that is house hacking

Member since 2026 · 2 posts · 2 votes

I am 19 years old, and I just co-signed on my first investment which I also live in. It's a four-plex near the University of Arizona. I'm looking for advice on how to grow my knowledge on the investing world while still being a college student. Everything helps! Thanks.

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Tre DeBragaPro Member
Real Estate Agent · Worcester, MA · Member since 2022 · 112 posts · 49 votes
9mo

Whats up! Good for you!

I would start looking into real estate investment meet ups in your area. Go to these. Connect with investors, agents, lenders, lawyers, etc. Learn from all these people they love to answer questions. Also, yes listen to podcast like bigger pockets. They have a rookie podcast which is great and I think their old episodes are great on the main channel. 
Look into these topics to grow as an investor and throughout time you will find your niche investment strategy but these will be applicable in most.
Property management
Under writing or deal analysis 
Deal finding
Market research
Lending

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  • Member since 2025 · 5 posts · 2 votes
    9mo

    I am in the same boat with you my friend and I asked my mentor who has done many deals this same question. What he told me was to listen to podcasts (like bigger pockets), spend 5 minutes a day looking at deals, and read as much about real estate as you can. I envy you as you are starting on your journey at only 19. I am 23 and still waiting for my first property. Learn through education and experience. Experience is the best teacher and I am sure you will learn a ton along the way.

  • Tre DeBragaPro Member
    Real Estate Agent · Worcester, MA · Member since 2022 · 112 posts · 49 votes
    9mo

    Whats up! Good for you!

    I would start looking into real estate investment meet ups in your area. Go to these. Connect with investors, agents, lenders, lawyers, etc. Learn from all these people they love to answer questions. Also, yes listen to podcast like bigger pockets. They have a rookie podcast which is great and I think their old episodes are great on the main channel. 
    Look into these topics to grow as an investor and throughout time you will find your niche investment strategy but these will be applicable in most.
    Property management
    Under writing or deal analysis 
    Deal finding
    Market research
    Lending

  • Sam McCormackBusiness Member
    Real Estate Agent · Cincinnati, OH/NKY · Member since 2021 · 1k+ posts · 834 votes
    9mo
    Quote from @Placeholder Placeholder:

    I am 19 years old, and I just co-signed on my first investment which I also live in. It's a four-plex near the University of Arizona. I'm looking for advice on how to grow my knowledge on the investing world while still being a college student. Everything helps! Thanks.


     Keep doing what you're doing, you definitely seem like you are going somewhere. Learn more about OOS investing is all I can think of assuming you got in state investing under your belt. That is for a few years down the road though, but keep building that knowledge foundation. Cool name btw

    Sam McCormack Realtor
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  • Realtor · FL · Member since 2020 · 234 posts · 101 votes
    9mo

    First off, congratulations man.  That's an incredible achievement to start with at your age.  Definitely hit up meet ups, and connect with as many people as you can.  Bigger Pockets is an incredible source for that.  

    Also some of my favorite books that helped me most was the "rental property investing" book by Brandon Turner (former podcast speaker).  Also get the tax strategies books from bigger pockets so you understand how to offset your income with the properties.  Another great one is "finding and funding great deals" by Anson Young, and "raising private capital" by Matt Faircloth.  After reading those if you're looking for more "Wealth Without Cash" by Pace Morby is another incredible one that will teach you the power of creative financing.  I would recommend reading that after the others.

    These books are a must read for anyone that is currently in, or looking to get into real estate.  The podcast is another great source.

  • Kyle HendricksPro Member
    Lender · Member since 2021 · 171 posts · 74 votes
    9mo

    Meetups are huge! BP is huge. Find a good lender and agent that both focus on the investment side of things. (Lender here licensed all over and happy to be a resource).

    I personally like always being set up on a search with an agent in any markets I am looking at. Even if a couple years out you get the reps in of analyzing deals so when you are ready for the next you are already a pro at running numbers in that market.

  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    8mo

    @Placeholder Placeholder

    You undergo an exhilarating change and a duplex house hack is not only a smart way to real estate but also to living pretty cheap. Directing your attention to the area between the Bay Area and Washington provides you with many choices along with different prices and the demand for rentals. Continue your involvement with the community and when the time is right reach out to an investor friendly agent and lender to start reducing the right markets and properties.

    Good luck!

  • Real Estate Broker · New York, NY · Member since 2020 · 2k+ posts · 1k+ votes
    8mo

    The biggest advice I can give you at this stage is network, network, network. Join real estate clubs in your school, attend meetups, and connect with other investors — you’ll learn so much just from talking to people who’ve been there. 

    At the same time, keep learning on your own: dive into finance, real estate fundamentals, property management, and deal analysis. Taking these steps now will help you get more experience and exposure to larger investments through internships.

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