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Updated over 3 years ago,
Getting that first property
Hello! I am a newbie here with an interest in REI. I am starting my journey reading books and listening to podcasts. I read The Book on Rental Property Investing and am currently reading Rich Dad Poor Dad. I plan to explore these forums as well.
I do have some work to do in the personal finance department. I have a personal loan and student loans to take care of. I don’t have much of a significant savings at this time and will need to build that up.
I currently live in Massachusetts and prices around these parts are wild. I am in the process of trying to figure out which investment strategy is best for me. I am currently in a 15 year mortgage at 2.5%. I am hoping the equity I am building can be put to good use someday.
I am hoping to meet new people with similar goals and interests. Right now, I just can’t see how I can make that first step to acquiring my first investment property. I know this may change the more I learn. If anyone is willing to share advice or tell their startup stories I would love to hear them!