Tuesday, September 9, 2008

Blog #1

I am a marketing major and I'm in my junior year. I plan on changing my major to real-estate though because marketing involves a lot of classes that are of no interest to me. I feel like am paying three grand a quarter for a bunch of classes that have nothing to do with what I would like to do.
I want to be in large scale real-estate management. I plan on taking the money and knowledge I gain in my career and invest it into my own real-estate ventures. I could probably do this without a degree but I feel that it will help me get a job. Although I sometimes feel like I am wasting my time and money its not all bad because if I hadn't come to OU I would have never found the amazing real-estate market that exists on college campuses.
Once I heard how much rent was down here I started looking to buy houses. The prices of the homes are just as crazy as the rent they bring in though. I ended up buying a cheap house on first st. Its kind of a dump but with a few years work I think I will be able to make a good profit. I have to room mates that pay 300 a month and I pay 500 on the mortgage. All of the money that I make goes right into the house, including some of my own personal income.
I have learned more about what I want to do after I graduate from buying this house than
I have in any of the classes I have taken. I pay no rent and Im gaining equity and building credit. I would say that everyone should buy a house for their time in college, but not everyone can get a home loan pushed through. My father had to sign on the loan, because I have virtually zero credit. I make the payments and do the improvements and hopefully we can get the loan switched into my name by my senior year.

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