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Updated almost 13 years ago,
Beginner Advice
I am still in the process of learning and need some advice on what route to take.
I plan to join my local REI and meet landlords there with hopes to shadow and help out any way I can to learn off of other veterans. I would love to help someone flip a home if I could see all the aspects of it. I have a business partner and he is in the same boat as me which makes it more exciting going through everything. Were both young 23 and 24 so we have that going for us. Can anyone offer advice on paths to take or even how to go about learning on here, it is often overwhelming with some of the terminology? I spend a lot of time working to save more and more cash. I am always trying to think of ways to make cash thru real estate now just to build up to our first property. I also question when it is right to derive a business plan. I know I am not ready for my first property but it seems being in a partnership where were both learning it could really give both of us an understanding of what is expected and the path we will take.
Any response would be greatly appreciated.
Thanks