All Forum Posts by: Vashist D.

I'll start off with reading the books mentioned by @Dan Sheeks, then I'll work during the summer and maintain a good gpa and sat score so I have higher chances for a better financial aid. Right now, my dad has a good amount of college tuition saved up and Im only a sophomore so the problem with hard debt is not apparent. If it comes down to whether I go to a prestigious university with higher expenses or a decent college with cheaper tuition, ill probably go to the decent one so I can invest more and prevent debt. I will also do something like you have mentioned @Steven Foster Wilson, by getting a property during college and making it my first rental. And I will also work hard with a job and learning real estate in my minimal free time, without partying, and saving up for a good down payment on my out of college property. As you said @Henry Clark, I should respect my parents and not use all their money on my risky investments, they are very supportive and ready to lend me money on any decision I make. I am deciding to get a bachelors in Finance, if you guys have any recommendations on what I should major in college then let me know. I also don't know if I should go to a college out of state or in state, currently in nj. Me and my parents have plans to move to Pennsylvania after college so I was wondering where I should REI after, Philly is good I heard but the crime is far too risky. These are things I can decide later and things will change, but my goal is to make a solid side income with my full time job and side hustles, by the age of 30. Thank you all

Near Jersey city, Hoboken, or New Brunswick. Maybe if I have the tuition I’ll go to penn state.

Thanks for all the help!

 What about mobile homes? any info about other real estate related investments I can make during college, or even right now?

Thank you so much for replying to my post, I have around 5 thousand invested in stocks hoping I would be able to get a down payment on a property using my mothers low income, and let her cosign a room rental property. I don't think the trailer would be of much use because I might as well focus on grades and other investments. Would a 150,000 dollar 3 bd 2 bath, for example be a good property to house hack and eventually turn it into a full rental once I'm graduated. My mom has an hourly job while my dad does the big work, she has no problems with me using her money to learn investments, would it be wise for her to buy the house hack and get a loan in her name, and I do the marketing. I just want to get a head start in rental property as I want to make 1 property even year until I'm 30, and by doing so it would make my dreams come true. The trailer idea sounds alright, but I'm worried that at that point Im not making much money and playing it low. Let's say I buy a property and it appreciates while Im house hacking, I can easily start with a good rental after graduation right? Maybe while I'm doing a part time job, I can save money to maybe do some paint on the walls, and make it look nicer. Would that be smart?

I’m currently in high school, and learned about house hacking from the bigger pockets podcast. I am confused about how I can make some cash flow from house hacking a property near my future university. Which properties that would give me most profit, and how I can get a good deal in which after I complete college I can turn it into a rental. I hope someone would clarify how I would be able to afford and get a lender for a mortgage. Also how I would avoid vacancy, I worried that no one would rent by the room and I would lose money. Any other important advise would be great! Thanks