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Updated 8 months ago on . Most recent reply
![Nicholas Petrozzi's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3048422/1718186871-avatar-nicholasp392.jpg?twic=v1/output=image/cover=128x128&v=2)
What Type of Investment Property Should I Buy
I’m 22, fresh out of college with a full time job. I have no student loans or debt and I’m looking to start investing in properties. I’m looking for guidance on what type of investment property I should be looking to buy, whether it be a multi-family, single family, or a house near the beach that can double as a beach house/student housing as there is a university nearby.
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- Real Estate Broker
- Cody, WY
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Quote from @Nicholas Petrozzi:
Nobody can answer that without knowing your finances, your skills, your drive for success, and 82 other factors that can't be discerned from your post.
I can tell you that you shouldn't set your bar too high or make things too complicated. Earn more money. Reduce your expenses. Save up like a mad man. Buy a nice house in a good community. Hold onto it forever. Do what you can to increase the earnings and reduce expenses on that investment. Then use the lessons you've learned to do it again, only better.
- Nathan Gesner
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