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Updated about 1 month ago, 11/18/2024
Literally any advice to getting started would be appreciated.
Hello all. I'm a 20 year old male in the Austin/Manor TX area, and I really want to start investing in real estate. I've known about real estate for a little bit now but I barely started learning up on it a few days ago. However, from the stories I've heard it so far, sounds like it can lead me to the life I want for my future if I play my cards right. My problem right now is: I don't really have any cards to play. I don't work a high paying job, I have no savings due to some financial irresponsibility on my part and I'm barely starting to get my finances back on track, and seeing as how I barely started educating myself by listening to podcasts about REI, I don't really have the skills or knowledge necessary to pull anything off quite yet. I first thought about starting with flipping, but from what I've heard I think I've changed course to maybe trying to house hack with a multi-family home? I really wish I could meet someone that could mentor me through this and help me learn the ropes without having to take all these big risks alone, but for now I'd settle for any advice you guys have that could help me out. Podcast, videos, or even book recommendations or some general advice on steps to take to get started. I really want to jump on something within the next year or two because I know the longer I wait the less my portfolio can grow and the longer it will take to reach that financial freedom and being able to take control of my time to be able to do the things I really want to do. And I know its possible for someone with no capital like me, I'm just not sure how. But anyway, thank you for taking the time out of your day to read this! (And thank you in advance to those that send advice!)