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Updated over 1 year ago on . Most recent reply
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21y/o new to realestate. From Long island
It's nice to finally speak on here after lurking for about a year. I wanted to be educated enough before I made an account and contributed, so I waited while reading several books on REI I am currently finishing college for an engineering degree (no debt). And am currently working 2 jobs, saving about 50% of what I make. My hope is to learn enough in the next 2 years on this site while continuing to read books, analyze deals, built credit, and save money. This is in hopes that when I graduate in 2 years, I can invest in my first property. I am a little torn that the housing market on Long island is so expensive, and would hate to move out of state to invest because my family's here, I also am not too keen on investing out of state.
Thank you all for being such a great community, I appreciate any advice that can be given on what else I should be doing in this learning phase of my RE career.
Most Popular Reply
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Hey Nicholas,
Im from Brooklyn NY so I'm very familiar with the expense barrier. I actually did exactly what youre doing now. Got my degree and stable job while gaining knowledge on investing, then realized that action was needed in order to truly learn (analysis paralysis is real). Feel free to PM me, I can recommend the books that I've read to gain knowledge and why/how I chose to invest out of state.