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Updated over 6 years ago on . Most recent reply

User Stats

19
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3
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Monte Rice
  • Greensboro, NC
3
Votes |
19
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20 years old and don’t know where to start please help!!!

Monte Rice
  • Greensboro, NC
Posted

 Hey everyone I’m a young investor looking to get started in real estate as soon as possible I was reading about the FH a loans and I was trying to see if that’s my most viable option right now but if any investors out there could offer words of advice I would greatly appreciate it thank you !  I’m currently most familiar with the Greensboro area and the Chapel Hill area so these are markets I would target first .

Most Popular Reply

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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,859
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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

Reserves are money set aside for when bad things happen to your property, like a tenant trashing it, the furnace goes out. Ac break, water leak, etc etc

I would recommend reading a lot more before you buy anything.

Real estate takes time, money and effort. Usually more money then people think.

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