All Forum Posts by: Adrian T.

@Account Closed

Well, I dropped out of school in January. And in April I started reading about REI, so I have spent this month reading a lot, I think I have gone through 15 books on the subject so far, I believe I need to read more on the tax regulations here in Sweden, but else I would say I have a pretty good picture of how it goes by, and then I just have to put it into action shouldn't I? Yes I do believe house-hacking is an option in the future, but while I can I should live free at my parents haha! I wanna go out travelling as soon I am 18 and then the passive income from RE's can come in handy, this gives me basically 1 year to get a passive income before I go out travelling (if possible)

I am getting in contact with 1 man who is working as a property manager of multiple commercial houses, but unfortunately I don't know any more people working here with RE's, which is also why I wrote here in the forum, but Sweden seems like a kinda dead place for REI, but I'll do my best :)

Hey everybody!

My name is Adrian, I'm 16 years old (17 in 2 months) I got interested in REI when I was reading Rich Dad Poor Dad, and attended one of their free workshops, but as I have had much success earlier with searching the internet to get most information. I decided to do so in this case as well, and that is how I found BP. :) That was around a month ago, and since then I have read a lot, listened to multiple podcasts/webinars and of course read books/blogs about investing in real estates :)

I live in Sweden which is a little different than USA if you are the owner of a property and renting out. So does anybody on BP have any experience of investing herein Sweden? Or have anyone wanted to invest here in Sweden but eventually passed it due to certain reasons, if so, what made you not invest? Or if someone have invested here in Sweden, what made you invest?

I currently live in Stockholm, and there's a huge demand for properties here, and of course that will make the properties go up in price as well, which makes it hard to invest and getting a good cash on cash return but I have to start somewhere, and I can't really invest international when I am not of legal age and without any capital to begin with.

Tldr; Can anyone give tips on: Financing without being of legal age, investing in growing cities and renting out, investing in Sweden or Nordic countries overall

Thanks in advance everybody! 

Adrian

Hello Guys!

Been here for 2 days now but haven't made an introduction yet. But here it comes ;)

I am Adrian, I am 16 years old got interested into Real-Estating through Rich Dad Education during their free workshop. That was barely a month ago and I have read around 5 books on the subject as of yet and I plan to read more of it. I decided not to go through the 3 Day workshop as I found it to be quite expensive for a 16-year old to throw up. And I think I've got a pretty decent knowledge now by not even spending 1/10 of the price.

I dropped out of school recently due to personal reasons which overall gives me quite a lot of time to spend, and therefore a lot of time to "find myself", read or just whatever I want to do, that doesn't require money ;)

I am not gonna want to spend the rest of my life watching tv-series. No matter how good GoT is, it's not real life and I am not gonna want to spend more than 60 minutes/week to that show :)

My plan in Real-Estating is to first successfully flip 1-3 houses in order to get a capital profit, and spend some of the profit I get on myself. I have an idea of how I want to spend it haha. After I've done that I want to get into renting out houses/apartments and get the cashflow. I have not really gotten into planning more specifically, but that will come as well. When I am getting closer into flipping my first house, I'll make sure to ask you guys if I think I need any second opinion or anything

Nice to be here!