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Updated over 9 years ago on . Most recent reply

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10
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2
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Justin Webb
  • Yulee, FL
2
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10
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First leap

Justin Webb
  • Yulee, FL
Posted

Hello all looking for some insight.

I know there will be many different options on this and I welcome them all.

I am active duty military I am just starting out In REI One of my concerns right now is I have enough to invest in one buy and hold (really considering Turnkey companies) but we will have to save up for the next and I don't know how long that will take. Kind of thinking do I wait( reduce risk) or act now ( slightly higher risk).

Justin

Most Popular Reply

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11
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3
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Victoria Liang
  • Software Engineer
  • Seattle, WA
3
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11
Posts
Victoria Liang
  • Software Engineer
  • Seattle, WA
Replied

@Justin Webb

First of all, thank you for your service! 

How would waiting reduce risk? Because you'll be more knowledgeable at that point? If you have a pretty good grasp of what to look for in turnkey properties / companies (Some BP resources: here and here and this one's good too), then I think taking action and getting the experience now would be better. It's an investment towards your REI "career", which would translate into reduced risk in future investments. You would have to save up for the next one regardless, right?

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