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Updated over 6 years ago,
Investing in Real Estate w/ FT Job
Hi everyone,
I'm looking to start investing in real estate while still working a full time job.
- 26 years old
- Living in Los Angeles
- 65k salary
- 781 credit score
- Can invest about 5k comfortably (have 10k in 401k I don't want to touch yet)
I live in Westchester near LAX, so property near me is very expensive. My goal is to eventually own enough rental properties to generate passive income (10k+ a month). What are some good routes I can potentially take to get started? I've explored out of city/state investing, preforeclosures, foreclosure auctions. Just not sure where to start exactly. Any recommendations would be greatly appreciated!
-Matt