Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Newbie in L.A. with a clean slate
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