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Updated over 4 years ago,

User Stats

12
Posts
3
Votes
Adolfo Lopez
3
Votes |
12
Posts

Newbie in L.A. with a clean slate

Adolfo Lopez
Posted

Hello BP members, I am in my 20s still living at home in Los Angeles and wanting to start in real estate. I have excellent credit, cars paid off, 180k in savings, Zero debt, and do not want to depend on a 9-5job. My question is what route do you guys recommend in my situation. Should I buy a 4plex and live in one? Or keep renting and invest my money out of state? Crowd funding? Giving the current uncertainty of economic situation, should I wait a few months and see what plays out? My goal is to generate wealth to where I can live off of real estate and not HAVE to work a regular job. Hope to hear some great options

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