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Updated almost 6 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Nolan ONeill
  • Brighton, MI
1
Votes |
9
Posts

Investing in real estate

Nolan ONeill
  • Brighton, MI
Posted

I Want to start out by saying I am a 18 year old that lives in Michigan hungry for success and investing in real estate. I would like to get an idea of what property’s I should try to target if I was going to rent out, keep in mind I am only 18 so I would not be able to afford much but something to start out with that’s realistic then eventually build up from there.

Another option brings me to flipping, but I feel there is much more risk involved which is why I want to avoid it, but maybe I am just misinformed? Not yet sure which one would be more worth it in the long run. I need to do a lot of more researching first... Thanks

Most Popular Reply

User Stats

432
Posts
147
Votes
Saravanan Saravanan
  • Lender
  • Troy, MI
147
Votes |
432
Posts
Saravanan Saravanan
  • Lender
  • Troy, MI
Replied

@Nolan ONeill

Glad you are exploring options at very age for Real Estate Investing.

I have see people like you start with wholesaling properties and get paid through sale of the contract to cash buyer.

You can also attend some Real Estate meeting in driving distance from your place.  There are different kinds of meet ups and you may want to attend various ones; to network and understand how others operate.  Learning and networks options.

Rentals, Flips, Bird Dogs and many things can be done. 

Best Wishes.

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