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Updated 2 minutes ago, 11/22/2024
Super Early Days
Hi all, thanks for taking the time to read and provide your ideas.
I am just starting out (in the UK), and I have been reaching out to real estate investors on linkedin and facebook, organizing chats to learn more about where they started, where they see opportunities currently in our market, etc.
One question which all investors asked me is: What is my strategy?
I am just starting off, I have not yet decided on this, and would like some insight.
My Goal: To build long term wealth, but also transition out of a 9-5 as soon as possible - without rushing of course and doing things the right way (I'm 25y.o.)
I realize this is asking for the best of both worlds, and it's never that easy, but I'm willing to go to any lengths. I do not have loads of cash at hand, I have a few connections which I could potentially pool some cash together with. I could otherwise start with rent-to-rent given my cash situation, but this seems like a very inefficient way of doing things. Where I would ultimately like to end up is with multiple properties that I rent out, even on an international level, as I love to travel.
In order to achieve my goal: What strategies could you all recommend?
Happy to connect :)
Thanks again!
Federico