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Updated over 2 years ago,

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4
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Logan Ashley
4
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4
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What should be my next step?

Logan Ashley
Posted

I am new to the Bigger Pockets community and what a wonderful resource it is! It's awesome to find a community and resource like this when you are just getting started as I am. My husband and I are in our 20's and we are now realizing that we don't want to live our lives in the same way our parents have done (trading our time for money). We are taking the preliminary steps of reading, listening to, and learning everything we can to inform our actions and next steps in the process of acquiring our first investment property. At this point, I would say that the hardest part of getting started is understanding what your next steps should be. So far, I have read almost all of Robert Kiyosaki's books, played the cashflow game, purchased some gold and silver, followed podcasts/online educational resources, and am currently reading Ken McElroy's book "The ABC's of Real Estate Investing." I am also following along with the action steps and investing time into studying the Denver market in order to get an idea of how assessing markets and submarkets should be done. We have made a goal of purchasing our first small multi-family  property within the next 12 months. We are deciding what our strategy should be which is most likely going to be househacking perhaps in combination with STR. I am currently learning about creative financing/ low and no money down options because we aren't going to let our lack of capital hold us back when we know there are ways to make it happen. I think now, we just need to meet more people who are out there doing what we want to do!

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