All Forum Posts by: Adon Ripple

Hey Everyone, let me outline my financial situation for more context. 

I currently work in construction full time, make about 48k/year. Have only been working for 8ish months so far, no previous job history before then. I've got about ~25k saved up, eager to put the rubber to the road. I'm doing video/marketing on the weekends for a full-time investor, is sort of a mentor. My dad is currently going through his first BRRR.

I recently messaged someone in my network and they have an occupied duplex. He's transitioning out of holding properties. Most likely could do seller-financing. The down payment would be all of said 25k. He has a different one that is a SFH currently renting for 1,050/mo that has a new roof.

Here's my main point--is there cause for not going through with this for a turnkey property? Assuming tentats are good and due diligence on property(s) looks good, would just focusing on cash-flow be alright for a first deal?

My ideal strategy is to BRRR a property, and to get to the point that I can do that full-time (i.e. managing a team, etc) as there is more potential from what I understand. He's also offered to coach me through this deal if it works out for us. Any thoughts or advice is appreciated. 

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Hey everyone, this is my first post. I'm 18 and am literally brand new to this. I don't have the money to begin something like BRRRR, but want to get into the game.

Is there some way I can invest without getting a property right now? I was reading online about REITs. Really anything to make money to put towards my own property. 

Any advice is appreciated, thanks!