How long did you wait before becoming a real estate investor?

[Harrison Stevens]

I wanted to buy a house because the market had just crashed. I ended up finding a place and had a roommate at my current apartment who wanted to rent out the other room. Overall it worked out and when I moved out I rented the entire townhouse to a young couple

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I bought my first personal home at 23 just for me. My dad died a year later and left me an inheritance, and at the same time my mother was looking to sell me her farm. I purchased her farm in cash and rented my old house out. I was also able to purchase a 3rd property, which was a 4-unit, and create an ADU on my farm. I have 6 rental units out of these 3 properties, all thanks to my dad. I plan on renovating my 4plex and in the next few years purchase a 4th property using owner-occupied loans.

[Krista Reuther]

Thanks for sharing your story, Lexi! I’m sorry about the loss of your dad, but I’m sure he’d be proud of how hard you’ve worked to build your rental property portfolio.

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Hi….. I wish i was fortunate enough to have something fall on my lap ….
I never thought i would invest in real estate in USA…. did some in the country i grew up.
I did buy my personals residence in Texas …. saw an amazing appreciation in the home value after covid ….. had to move, so sold the house…. Later when I stumbled upon podcasts , learned more about REI in Jan 2024, I thought selling my 1st home wasn’t such a good idea. Fast forward bought 2 duplexes this month, and now planning to self manage, learn and hopefully grow my portfolio.

[Krista Reuther]

Thanks for sharing your story, Raveendra! It sounds like you’ve worked hard, and I’m confident you’re in the right place to learn how to self-manage your rentals like a pro.