I'm 21 I need capital NYC area thanks
First off, I want to thank all of you for providing me with a plethora amount of responses and discussions to read and learn from.
A little about myself, I am 21 years old, MBA Candidate at a NY school. I am very familiar with my schools area and the current off campus housing situation. I am a value investor when it comes to stocks and the same goes for real estate (Although I have not been involved yet). There is a great deal of money to be made renting to college students in my area. I know personally as I have rented with a few roommates. I would assume my landlord brings in around $50,000 a year collecting from us. That's not a bad secondary income.
I am looking to get involved in this business, I do need some guidance as I am young. I have a more economic background and financial service background so I do understand the interest rate climate and mortgage environment in relation to the stock market and global economy. I also enjoy scouting the housing market for value.
One thing I am missing is capital and advice/direction. Interest only mortgages seem to be the easiest way to maximize profits early, ARMs, fixed. I'd appreciate any advice I can get.
Hoping to meet a few potential people who could pay it forward and help me get my life/career started at a young age. I believe renting to college students could be very profitable. Appreciate all the advice I could get.
Sapiente quidem officia asperiores nostrum nam officiis. Maiores est quis ab quam voluptatem. Eaque eum voluptatibus nam quo quo cumque. Ut autem distinctio deserunt atque omnis quam sint.
Asperiores quia nostrum quod sint est. Dolores voluptas veniam sequi provident veritatis. Officia est ullam delectus eveniet provident asperiores optio nihil. Ut vero molestiae voluptate aliquid. Minima veritatis nulla corrupti praesentium. Minima et nemo ullam adipisci.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...