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Updated about 4 years ago on . Most recent reply

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Doryle Baltazar
  • Margate, FL
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Can you really live a lifetime with Real estate investing?

Doryle Baltazar
  • Margate, FL
Posted

I am a 20yr old beginner investor into real estate and I would just like to know from your guys opinions if you can live a good lifetime with real estate investing without going to college.

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Alecia Loveless
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Alecia Loveless
Replied

@Doryle Baltazar If you want college but don’t have access to scholarships or other means of paid for tuition I would strongly recommend community college for the first two years to get in as many of your requirements at the cheapest price possible so you will have the least amount of debt. Then I would transfer to an affordable in state school. This way you will graduate with a degree that you can focus on getting a high GPA while obtaining it at the least amount of debt. I would also house hack if possible so someone else is paying for your living expenses.

And yes you can make a good living off of real estate. I am! I’ve bought low and held and sold for hundreds of thousands of dollars of profit, reinvested, have many properties now, continue to buy more, have a solid cash flow from real estate, keep a fairly stress-free W-2 job to increase my income and my ability to obtain financing and keep up my standard of living.

While it’s not a particularly high paying job it provides me with an employer matched retirement account, health insurance, and I get to give back to the community through it.

  • Alecia Loveless
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