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Updated about 9 years ago on . Most recent reply

Account Closed
  • Pompano Beach, FL
6
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Lost with a lot of information

Account Closed
  • Pompano Beach, FL
Posted

I have been studying about investing in real estate and i came to realize that there is so many routes one can take about starting. 

I think that i am overloaded with so much information that i do not know clearly on what i want. 

I know so far that i want to obtain units so i can hold them for cash flow. But ive been talking to a few people that is around me in my daily life and they are telling me its a bad idea to do so especially if i do not have a lot of money on my own. 

I then realized that i could build capital by using wholeselling as a niche and then venture off with obtaining properties for my own. But the thing is that i just dont know exactly where to start. 

I have another problem because i do not know on what could be a realistic obtainable goal with investing in this business. 

Long story short i have a lot of questions and just need answers lol. 

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JD Martin
Property Manager
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  • Rock Star Extraordinaire
  • Northeast, TN
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JD Martin
Property Manager
Pro Member
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

Holding the right units long term is (almost) always the long-term financial winner,  but you need some capitalization from somewhere to get started. Renting anything to anyone, priced properly, will almost always beat all other transactions with that item. 

I would start with an assessment of what capital you have access to, as that will largely govern what your opening options are. 

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Skyline Properties

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