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Updated over 1 year ago,
First Post of an Aspiring First Time RE Investor
Howdy!
I am searching for patient souls on this forum willing to allow me to pick their minds about investing in RE from scratch. I know we all started somewhere, and I am looking forward to any insightful and inspirational conversation of where some you started. Since my field of work is the embodiment of the word:"instability," when the economy takes a hit, I have been gathering information about meaningful ways to diversify my sources of income; furthermore, RE investing has always interested me, and I believe I have the proper motivation to make it work.
I have been doing quite some reading and studying about the topic online, podcasts, ebooks, etc. but I would like to take a more meaningful step towards achieving something more concrete. I am looking into funneling money from my main job into this project, and I want to reinvest everything I make from it. Specifically, I am interested in purchasing my first multi family property for the sole purpose of renting it, although I know a few people who are running successful Airbnb, so I understand it may work as well if properly managed.
I apologize for the generic post, but I figured to try my luck and see where it takes me.
Thank you for your time and patience.