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Updated over 6 years ago on . Most recent reply

User Stats

12
Posts
2
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Arthur Soto
  • Kansas City, KS
2
Votes |
12
Posts

First property advice

Arthur Soto
  • Kansas City, KS
Posted

Hey guys, I am starting to realize that as comfortable as I am financially with renting month-to-month a nice apartmentI truly may be wasting an opportunity to financially growfurther.

With that being said, someone who is of age 22. Would the best way jumping into real-estate onthe side be starting with a duplex? Or a cheaper house. Keep in mind, I will need a place to stay so I technically could get two houses but that just sound so overwhelming at the moment...(even though that basically is what a duplex is..lol) I am based out of Kansas City where I believe there is good room for me to start my journey.

I will take any advice/criticism as I am all new to this and appreciate any responses.

Most Popular Reply

User Stats

44
Posts
8
Votes
Ryan Kinley
  • Rental Property Investor
  • Cleveland, OH
8
Votes |
44
Posts
Ryan Kinley
  • Rental Property Investor
  • Cleveland, OH
Replied

I have was about your age when I bought my first sfh and now own 2 duplexes and 2 sfhs (one of which I live). I also have a business in that commands a lot of time from me. I wish I had bought more duplexes over the last 15 years as I am now 38. I just bought my last duplex about 2 months ago and am looking for other now.
Go for it and don’t stop. I wish i would have stuck with more real estate instead poring my time into my business. I now have 4 kids and overwork myself. I am trying to buy more cash flowing realest are now to have more time with them and get my life back.
Good luck .

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