All Forum Posts by: Seth Phillips

Hey Chris, I’m a rookie and looking to do the exact same thing as well! If you need somebody to chat with about real estate or house hacking feel free to reach out. Best of luck to you! 

Hey guys, i’m looking to get into wholesaling in my area and I was wondering if anybody locally would have any good investor friendly title companies to suggest. I’m in the Asheville and surrounding area in western NC. Thank you! 

@Ryan Howell That’s the plan as of right now. Would you suggest me finding an agent to put me on automatic updates or is there more ways to find those on market deals if possible? Thanks for the advice! 

@Kat McReynolds that’s pretty cool i’ll definitely look into that! thanks for the tip!

@Account Closed Thanks for your reply! And I 100% agree, i’ve been getting books together such as How to invest in Real Estate beginners guide to getting started and Investing in real Estate with no and Low money down both from BP. Also some personal financing books like Rich Dad Poor Dad as well as listening to podcasts and forums and youtube videos ext…  I’ve also started tracking my spending to see where every cent of my income is going to see where I can save and what funds need to be redirected and that’s seemed to help grow my savings even in the few short weeks i’ve been working at it. I’m sure by the time I have enough saved up to invest i’ll have a better understanding on all of this i’m just looking for the best ways to start off running so I can get a good start into this venture. Thanks again for the advice! I wish you the best! 

Hey everybody, My name is Seth and I have been contemplating the idea of real estate investing for a while now and have always been fascinated with the concept of creating long term passive income sources. I have yet to purchase a property but I am currently trying to get myself educated on what exactly I want/can do at this point while building up my credit score because I simply never had one. I hope through real estate and with the help of the Bigger Pockets community to achieve my goal of financial freedom (I'm sure the same goal as many) because I want more out of life than a 9-5 job and a 401-K. I want to live life on my terms and have my money work for me for a change. I'm 22 and live in Candler right outside of Asheville NC and I would like to house hack a small multi family home or even a single family if need be, I don't have a lot of capital for a down payment so I would be looking at an FHA loan most likely and even though I'm not quite ready to pull the trigger on a deal I would still like to increase my knowledge and be able to find deals so that when I am ready I can capitalize with confidence. So far i've just been looking at the MLS around my area learning to analyze property but can't seem to find many small multi that just need minor repair. Any advice or information would be greatly appreciated such as how much I should be saving before making an offer? That will determine how long I need to wait because I don't want to find myself in a hole that I could've avoided in the first place. I don't care as much about making money on this property yet as it will be my primary residence, I just want to get started. To summarize, my main question is where do I start? What measures do I need to take to get myself ready? Is there a ballpark on how much capital I need? And what is the best way to find deals for somebody in my position? Thank you so much for your time and any advice you're willing to spare!