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Updated over 18 years ago, 05/24/2006

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6
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A few more questions

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Posted

First I want to say that I do not have started saving money, I live in an area where it is very hard to get a job. I am taking a study at home bookkeeping course which I am hoping to help me get a job even if it is an hour away. I have considered becoming a postal worker as they seem to make a lot of money. I am interested in long term renting out properties. I will do whatever it takes to get started, right now I am concentrating on getting out of debt then I want to move out of this small, nothing to do town. At the moment I have bad credit. Thank you in advance for your help.

How much should I save until I can buy my first property?

How much should I keep in the bank at all times?

What should I be concentrating on purchasing for my first property?

How should I purchase my second, third, fourth etc. properties. how much do I save, do I use equity? How much time do I wait between purchases?

What kind of place should I live in after I move to another state(should I rent, look for a house to begin with, or a duplex etc.)

What kind of job should I have to prepare me for this?

I have no problem in going to school and getting a degree, just not sure what to go for. Currently the only degrees that are here is liberal arts, accounting, and business administration. I am hoping to move to a better place where there will be more opportunities.

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