Tips for a recent grad looking to invest

[Aaron Stark]

Hi,

My name is Aaron. I'm looking to save up 20% on a house in the next year or so. That part will be easy. What will be difficult is that I have next to no hard experience in real estate. 

Does anyone have tips or suggestions to someone who is new to the market?

Does anyone have any failures they would be willing to share and what they learned from them?

Is it smarter to invest solo into a house or duplex, or to ask a JV I know to invest with me in a 5 room apartment complex?

Should I wait for the downturn of the economy before investing?

I have many more questions for someone willing to share some wisdom on the subject.

[Jim K.]

@Aaron Stark

You ought to buy and read the book "Set for Life" by @Scott Trench. The thing was essentially written for you.

The advice given is extremely straightforward and easy to understand. The reality of following that advice will not be easy but it will set you up for a lifetime of wealth accumulation from a young age, something that I wish had happened to me.