All Forum Posts by: Ryan Rogoszewski

@Michael Rudd thanks for the info on the back-end debt. Haven't really looked into that but definitely something I'll have to research more.

@Jeff Lipple Poker rocks

@Aaron Yates your post really put it into perspective for me, thanks

Glad to see some other sides of the coin here. I really like the idea of buying a duplex and living in half of it for a year or so and renting out the other half, then figure out financing for my next place as I go. Has anybody taken this route before?

Wow thanks everybody, honestly these were not the answers I was expecting to hear but all the input is great. Looks like I'll keep grinding it out for a while until I'm a little bit more stable on my own and have fine tuned my real estate knowledge. @Brandon Krieg and @Jeff Lipple good to see some other Michigan ppl on here. I actually lived in GR all last year and will be living there on and off for the next few months, if you need any help rehabbing houses I'd be happy to help when I can find time. I don't really know anything about fixing them but I'm a fast learner and can follow directions.

Thanks all

Hey guys, been following for a while and reading/listening to the podcasts when I can, but a recent job fair really got me thinking a little harder about what to do with the rest of my life.

I'm a pharmacy student and in May will be able to work as a pharmacist in the real world. I think I'll be able to find a job that I'm happy with, and I will also like the salary that comes with it, but want to invest in real estate as a side job. I am 24, single, have no kids, and no real financial burdens besides student loans that I will have to repay.

Advice I'm looking for:

1) Loan repayment: everybody in school with me and my parents keep saying that I should work as much as possible when I get out of school and get my student loans paid off as quickly as possible. However, I'd really like to pay them off as slowly as possible and start using my income to put down on a duplex or multi-unit house that I can live in and rent out the other units. Does anybody have any recommendations on this?

2) It's always been a dream of mine to have a condo in FL on the water to retire on. However, it seems that the more I look into it I see more negatives than positives about owning a condo. I wouldn't really care if it didn't generate a lot of income, just that it would at least pay for itself through rentals and not be too much of a burden on my everyday life because currently I live in MI. Is this possible?