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Updated about 10 years ago, 12/22/2014

User Stats

16
Posts
3
Votes
Drae C.
  • Austin, TX
3
Votes |
16
Posts

For the absolute beginner

Drae C.
  • Austin, TX
Posted

Hey, My name is drae, I'm 24, and I live in Austin TX. After watching a rich dad poor dad video I decided it was best I focus on investing in real estate asap. I was wondering how much money should I save up as a down payment to buy my first home? And, does it matter if I go for a single or multi family income property? Also, I've been thinking about charging tenants around 500 for rent to make a property more appealing and guarantee a tenant. Please help me make a decision and begin my path to becoming a real estate investor. 

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