Hello all, I am 23 years old living in Williamsburg, VA about to begin my journey in real estate. I feel this is a great platform and opportunity to [somewhat] establish myself and discuss my initial goals. I am in a unique situation where I graduated college with zero college debt and was placed in a good starter job right off the bat. My school also gave us the opportunity to pull a loan of about 36k with a .75% interest rate (which I gladly took). With the job, loan, and frugal saving, I have an opportunity to invest with a decent amount of capital that I would be foolish not to take advantage of. I hope this doesn't look like I'm flaunting my situation, though I am grateful, I instead hope this makes my situation more clear so others can offer more tailored advice.

I want to focus on single family homes in WIlliamsburg, Va. I've been reading a lot about rental property investing and have a general idea of the process but I'm feeling a bit uncomfortable making the first jump. I have a couple friends who need capital to invest in properties in Nashville, and I also have a couple contacts (friends) here in Williamsburg who would like to partner and go into something together.

Should I go in by myself or go in with other, slightly more experienced people? Should I divvy up my capital and buy multiple properties with low down payments, or should I focus all my capital on one property at a time? How sure should I be with buying my first investment property? Is it reasonable to expect myself to buy a rental property deal about every 90 days?

I realize this is a lot for one post and I don't expect everything to be answered but I do appreciate any info or advice anyone has to offer. I often hear, "Always be able to provide something in the relationship." I do not have the knowledge but I do have capital. I'm sure that could get me somewhere.

Starting Out - Early Tips and Advice

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