All Forum Posts by: Jerry Chamnichanh

@Bettina F. That is actually a great idea. Thank you for bringing the part-time apartment manager idea to my attention!!

@Erik Anderson I will have to read "Set for Life." I will begin right after I finish "The 4 Hour Workweek." Would you be able to tell me how the book has helped you with real estate? 

@Anna M. Thank you for the response, Anna! It's great that you are on your way to get financial independence. I too hope to be there someday.

@Michael Guzik Thanks, Michael, I believe I really should look into more areas for work and real estate investing.

Hey @Daniel Ortiz

Thank you for your response and your advise on finding a job. I agree that I would like to find a position that will offer a good work and life balance. If I may ask, what would be a good way to vet companies to discover what they expect of their employees? Should I ask during the interview?

Also, I have been trying to develop my personal finance statement. I have not done too well in doing so. Is there any resource that you are familiar with that could help me do so?

Thank you for the responses. In general, I do hope to start off with a nice company with decent pay.

Hey@Michael Guzik

I am not against moving to another location. On another note, when you speak of real estate pricing in NY, are you referring to NYC? I will be in the Buffalo/Niagra area. I am aware that the market here in Buffalo is starting to get hot and so that would probably make deals harder to find. I believe the reason for this is because the economy is doing well and so I would expect the real estate market to be getting hot in all areas. What is your take on this? 

Also, thanks for mentioning lifetime cash flow through real estate podcast. I have been listening to BP's podcast and will be caught up soon so that would be another resource I can use.

Hi everyone. This is my first post on BiggerPockets and I would like to introduce myself and my goals. I have no practical experience in real estate and so any advice, recommendations, or referrals are appreciated. Please feel free to chime in!

My name is Jerry and I am an undergraduate student. I will be finishing my degree in Electrical and Computer Engineering this upcoming May 2018. I have not secured employment yet but I will be applying to companies in and around Buffalo, NY. I hope I can get a job here as it is my hometown where many of my family and friends live, but if not, I would be willing to move to a city that has a population of at least 100k.

My first goal in real estate is to first house hack or find a multiplex in which I will live in a unit. After things stabilize and I feel that I have learned the practicalities and responsibilities of owning rentals, I would like to expand.

To carry out my first goal, I plan to save for a year once I start earning money from employment. During this time, I will be learning as much as possible about real estate. I have already been listening to podcasts, reading books, and reading articles in my spare time. I do not know how much I can really prepare for the first deal but I will do so regardless.

So, as someone who is completely new to all of this, what is it that you would recommend I do to prepare myself for real estate investments? I will have a year and a half before I pull my first trigger. If you have any specific podcasts, books, articles, etc. in which you believe I should focus on, please list them.

I hope to hear your responses.