80k and no clue where to start

[Gabriel Sanchez]

Hello I'm am new to the world REI, right now I am looking to learn as much as I can. I have no debt besides a 1k credit card that I will pay off within a month... everyone I talk to just tells me to keep saving up until the houses come down.. I live in the LA area and everything is super expensive and I just have been saving but it just feels like I can put part or some of my 80k to better use than just saving to who know when since a 20% down seems years away still. What advice will you give in my situation? Feel like I'm getting no where even tho I have this amount saved up.. what will u do if you were in my shoes..

[Michael Dumler]

@Gabriel Sanchez, I concur with investing in your local market and looking for a house hack deal. You have the capital to deploy, now you need to find a resourceful team, i.e, an experienced investor-focused real estate agent that is either house hacking or works with house hack clients regularly. If investing locally is still a battle, then start exploring out-of-state markets. Hope this helps!