All Forum Posts by: Drew Konopasek
Drew Konopasek has started 1 posts and replied 2 times.
Most likely I will not have the required capital to make a down payment until I graduate from college in four years. That could either be a blessing or a negative depending on the market. I have considered doing either the duplex route, the fixer upper route, or maybe a mixture. One thought I have come up with is going the tax lien route while I am in college to put the money I do have saved to productive use. I have read the articles on this website and some of them were somewhat negative as there can be complications. Do you guys personally feel that tax liens would be a good endeavor to engage in while I am at college?
I am currently going to be a college freshman, but I am looking down the road and am interested in real estate. I understand it is important to build assets earlier rather than later. My goal is to have $20,000 saved up for a down payment by the time I graduate for college. My sister and parents will each add $15,000 to that amount totaling $45,000 to $50,000. Now I know 4 years down the road is a long time in terms of real estate investing, but I am curious what should be the proper steps to take to ensure that I am ready for real estate investing once I graduate from college. My thoughts right now are to own rentals. What is everyone's opinion on what type of real estate new members should look into?