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Updated almost 9 years ago on . Most recent reply

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14
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Ginger Schmidt
  • Murray, KY
0
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14
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Buying my first investment

Ginger Schmidt
  • Murray, KY
Posted

As a new real Estate investor, what should my first investment be? and should I own my own home before investing in my first investment? Thanks, 

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110
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23
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Dennis Boboc
  • Investor
  • Phoenix, AZ
23
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110
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Dennis Boboc
  • Investor
  • Phoenix, AZ
Replied

@Adam Juodis


YES YES YES...Buy a rental property. Then once it's stabilized, use it as leverage to buy another one and then another one...and don't stop. When a property hits it's value ceiling, sell it and buy more property. This is your chance to really invest in your future. 

If you need anything else, please feel free to connect with me. Good luck!

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