All Forum Posts by: Eric Oneill

Thanks everyone for the advice and responses! I am pretty new to this, I want to keep learning first (through bigger pockets of course!) I know there is so much to learn and risks to assess. I'm in no rush right now. 

if I plan to move in the spring, would it be wise to rent and get settled into my new market? While learning everything I can about investing and hopefully letting the market cool off? Any predictions for 2022, should I remain patient and not invest when the market is high? 

Thanks!!!

Hello y'all, new to the forum,

For all of you wise and well-informed real estate investors out there, I have a situation which could use some advice...

a little background:

I am 32. I work in the trades (contractor work). Its a solid 9-5 under someone else. I am located in the northeast but looking to move to somewhere more affordable in the near future.. I currently and regretfully have no investments. I have a savings account. No debt. No children. No car payments. Nothing money-wise hanging over my head. 

the situation:

I recently received a 100k inheritance from a deceased relative.

With no clue where to start in real estate investing, what would you do with 100k? 

My potential goals: 

create passive income through multi-family or duplexes. I eventually want to be financially free to experiment as an entrepreneur, and escape my 9-5 to do real estate full-time. I would like to build my portfolio and hopefully avoid debt in the process... any ideas where to start??

Thanks again for your advice and help!