All Forum Posts by: Shez Iqbal
Shez Iqbal has started 1 posts and replied 5 times.
Post: I am 22 Years Old and am Committed to Investing in my First Property

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@Nicholas L. Sounds like a plan thank you for the advice! Do you have a specific property type you would recommend as the best hack (i.e., duplex, triplex, etc.)
Post: I am 22 Years Old and am Committed to Investing in my First Property

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@Tim Bratz THE Tim Bratz?! Wow. Thank you for the kind words. This only motivates me further and reinforces that I am on the correct path. Yes, I definitely agree that knowledge is my missing piece. I also am looking for mentors, as I enjoy hearing other's stories on how they got into the business. Also, the advice is invaluable. One thing I am weary about is the "analysis paralysis" bug that I hear a lot of RE investors seem to catch. I was wondering what you recommend is a good period of time to garner information before getting my first property. I do have an itchy trigger and my natural inclination is to always jump in and learn to swim after. Thanks for the response and hope you have a good week!
I will send a connection request. Hope we can stay in touch!
P.S: Big fan of Legacy Wealth Podcast
Post: I am 22 Years Old and am Committed to Investing in my First Property

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@Sloane Kraftsow thanks for the advice! Ill reach out individually to ask a few questions if you don't mind!
Post: I am 22 Years Old and am Committed to Investing in my First Property

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Hey guys, I am a 22 year old college grad currently living in Seattle WA. I have been blessed with a great job out of college (Software Engineering) and am making 120k/year. Been working for 1 full year. I understand the situation I am in is quite lucky, I want to utilize it further to build stable wealth for my family. I recently have been looking for side hustles to do after my 9-5 to make some more money so I can afford to provide for my family and still save for the future. A few weeks ago I came across bigger pockets and Real-Estate jumped out at me. It has been what I have been looking for. I have finished “The Multifamily Millionaire” by Brandon Turner (about to start re-reading to take in depth notes) and religiously listen to all Bigger Pockets content (taking notes for each interview and rewatching 2x at least). I also look at properties in Houston (my hometown) and Seattle and underwrite properties for practice. I have around 40k left in student loans and 20k saved up.
Working hard is no problem for me, and I can easily live frugally. I’m young so I do have that overconfidence that I can do almost anything and that burning passion to succeed. Current plan is to save up/pay off loans for the next year so I have 2 years on W2s for loans + a good down payment saved, and then buy a multifamily property in Houston. In the meantime I want to research and reach out to property owners in my area to expand my network and cultivate meaningful relationships.
I have a few questions…
1) What other tactics should I add to my arsenal to gain more Real-Estate investing knowledge?
2) Should I be looking at Houston for my first property or Seattle?
3) Can I purchase earlier? I would like to start as soon as I can but am not sure since I have loans + minimal knowledge
4) I would like to find a turnkey, but have no problem doing some rehabbing, any advice?
Excited to join this group!
Post: July 20th STR + HouseHack Meetup

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Hello! New to Real-Estate Investing and Bigger Pockets. Wanted to dive into this space head first! Will there be another meetup in the coming months?