All Forum Posts by: Todd J Killian

Jason, It nearly sounds like I wrote this. We are very much alike, and are in very similar positions. I am just getting started, listened to tons of podcasts on real estate investing, retired Air National Guardsmen, love the CBJ and live in Columbus. Good luck! Todd

I love it!!! You are 20 and you can see through all the BS of being like everyone else! I would not worry about rushing into a deal and gathering enough self funding. Your first deal may be your most important as it will springboard you into the rest of your deals. While you make money and save for that first deal continue to gather knowledge, make friends in the business and look for someone who can mentor you. Also, look into finding people are willing to do personal funding. Tell them they will get first position on the property and you will pay them a nice interest rate. Join a local Real estate association to find the these resources.

Check out Mitch Stephens RE Investor Summit podcast. He is from San Antonio, and realized the exact same thing that you have.... tenants eat up the profit. So he flipped all his rentals to owner financed deals.