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Updated about 4 years ago,

User Stats

8
Posts
5
Votes
Vincent Burruss
  • New to Real Estate
  • Redding, CA
5
Votes |
8
Posts

Starting Out At 18 Years Old

Vincent Burruss
  • New to Real Estate
  • Redding, CA
Posted

I am 18 and still in high school living in northern California, I work a slightly above minimum wage job (~$30,000 annually before taxes) and live with my parents (so living is cheap, i.e. no utilities to pay). So far I am just learning about investing by reading books and watching videos. I am wondering how to start my journey off, do I get a better paying job so I can invest more per year, do I flip houses first then rely on monthly cash flow from rentals, or risk becoming a real estate agent by not being able to make due just to get certain advantages like MLS. My goal is to achieve around a $15,000 a month net cash flow semi passively before I turn 30. Having a hard time solving this problem with my lack of mentorship, with how much different investors contradict each other and how the average house in my small city is well above $300,000.

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