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Updated about 8 years ago on . Most recent reply
20 Year old new to real estate industry
Hey everyone,
My name is Chris. I'm 20 years old and I'm looking to get involved in the market. I live in Los Angeles, South Bay area. I recently got my real estate license last week, so I'm looking forward to get that started asap. Only problem is I work full time at a dealership, so it's kind of hard to make the switch so I will have to save up first.
Anyway, all this time, I thought the best investment was to invest in rental properties, and that's what I've been planning to do after I saved enough money. But after reading through forums, I noticed many people prefer flipping over rental properties? Or maybe that's just my skewed vision of the discussions I've been reading. I wouldn't mind flipping houses either, I have no experience so I'll take all I can get, even if that means failing multiple times.
If anyone has any advice on how I should get started or what steps to take, I would greatly appreciate it. I plan to sell a couple properties first to get some money saved, but after that, I'm not sure where to get started so I'll take any advice I can get.
Thanks for reading this,