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Updated about 1 month ago on . Most recent reply
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Looking to begin my journey into REI
Hello BP community! Hoping you guys had a great new years, I wanted to make my first post of the new year and first post in general! My names Sebastien and I'm 24 years old looking to jump start my career into rei. I’ve been reading books and listening to podcasts and now I’m looking to attend my first meet up this month. I live in the central Florida area and I'm looking to connect with other investors in the area or in the state of Florida itself, so I can learn and get a better understanding of knowing a good deal and friendly cash flowing market. My plan is to buy and hold long term properties so I can create cash flow, interested in investing locally in the central Florida area to start out with. I'm ready to get out there and connect with other individuals and create a team to benefit myself in this journey! Any feedback/advice will be appreciated thank you.
Most Popular Reply
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$50k of savings and 24 (assuming no family) - house hack is the first and only strategy. Get a SFH and rent out bedrooms or small multifamily.
Don't partner...it pretty much never goes as planned. And I ascribe to the "I never want to be a part of a club that would take me as a member" philosophy there. You're a new investor without a lot of capital. Anyone that would partner with you either does not know what they are doing, has no money, or has no other options.
I have nothing to sell and would be happy to help if you think that I can be a resource.