All Forum Posts by: Christina J.

Welcome, Danielle! Congrats on your first two purchases. You're already ahead of the game!

If you haven't already, I recommend plugging into the Bigger Pockets podcast - that was a huge source of education for me when I first started. Every episode stretches my mindset and leaves me a little more inspired. 

Best of luck to you and I look forward to following your journey!

Welcome, Aaron! I'm just about 90 minutes south of you and visit family in Knoxville often. Great market. And your previous experience of doing all the wrong things will only benefit you this time around! 

So glad you've already plugged into the Bigger Pockets podcast - that was a huge source of education for me when I first started. Honestly, still is today. When I laced up my running shoes this morning I downloaded the latest episode before hitting the park for my run. Inspirational every time.

If you haven't already, I would recommend that you start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

Best of luck to you and your family and I look forward to following your journey!

Welcome, Ayan! Sounds like you have a solid plan for your real estate investment journey. So glad you've already plugged into the Bigger Pockets podcast - that was a huge source of education for me when I first started.

If you haven't already, I would recommend that you start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

Best of luck to you and I look forward to following your journey!

Welcome, Marsha! So glad you've already signed into the webcasts - so much great info there. I would also recommend plugging into the Bigger Pockets podcast - that was a huge source of education for me when I first started. Great info for you and your daughter aka property manager.

Connecting with your local Real Estate Investors Association will also be a big benefit as you learn more about the industry - sounds like you've already made a connection there!

Best of luck to you and your family and I look forward to following your journey!

Welcome, Jessi! Lots of folks here on Bigger Pockets specialize in multi-family, so you're in the right place! 

I would recommend adding your location to your profile - that will make it easier for investors in your region to connect with you. Second, set up keyword alerts for your area and "multi-family investments" and start following discussions on both topics. 

The Bigger Pockets podcast will also be a big help as you begin your real estate investing journey - that was a huge source of education for me when I first started.

Best of luck to you and I look forward to following your journey!

Welcome, Jeff! So glad you've already plugged into the Bigger Pockets podcast - that was a huge source of education for me when I first started.

If you haven't already, I would recommend finding a real estate agent that you trust (you've already had a few chime in here with recommendations ;), and also start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

Best of luck to you and I look forward to following your journey!

Welcome, Dan! If you have a "financial freedom fixation" I think you've found your tribe here at Bigger Pockets ;)

Sounds like you're doing all the right things with your preparation. I love the idea of house hacking a multi-family and if I started over, I would do that early and often. 

One note of encouragement....investing in real estate (buy and hold rentals) does require some level of time investment, as the earlier poster warned, but you and your wife can dictate how much time and at what stress level you want to operate. 

As an example...recognizing we weren't handy people, my husband and I chose early investments that were turn-key buy and holds, and easily cash flowed (with margin) from day 1. Since then, as we've built a team, we have taken on more complex renovations, including a total gut job. We've learned a lot along the way, but never tackled anything we weren't prepared to manage at that point of our journey, which helped control the time and stress. We both worked professional jobs and didn't have a lot of margin in our days, and I would say we average 2-3 hours per week of total time to self-manage 8 rental units. Obviously, if we were dong a live-in flip or house hack, that would require more time. 

I say all of this to make the point that you can create the journey that works for you. Since you're already plugged into the podcasts, you know that there are many paths to financial independence....you just have to find the one that works best for you and your family.

Best of luck to you! Look forward to following your journey.

Welcome, Christopher! Sounds like you and Jess have a solid plan for your real estate investment journey, and some big shoes to fill. So glad you've already plugged into the Bigger Pockets podcast - that was a huge source of education for me when I first started.

If you haven't already, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

And love your strategy to owner / occupy a multi-family as your first deal...if I started over today I would take that exact path. 

Best of luck to you and Jess and I look forward to following your journey!

Welcome, Kay! Sounds like you have a solid plan for your real estate investment journey - love your plan to explore the FHA option. I don't have many REI regrets but if I started all over, I would house hack early and often.

If you haven't already, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

Best of luck to you and I look forward to following your journey!

Wow, Ed - what an inspiring story. Maybe you should cross-post this in the Success Stories forum - most newbie introductions don't include 5 deals / 9 doors ;) Already a rock star! 

Well done on your journey to date - certainly so many people here on BP share your goal of passive income (or at least multiple streams of income) to minimize the risk of leaving their day job. You've found your tribe, for sure. 

Congrats on the success you've already seen and look forward to following your journey!