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Updated almost 8 years ago on . Most recent reply

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14
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1
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Drew Moyer
  • Charleston, SC
1
Votes |
14
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Getting started at 20 years old

Drew Moyer
  • Charleston, SC
Posted

Hello BP my name is Drew I'm a 20 year old college student studying business marketing. I have been reading and researching real estate investment for some time now and definitely something I want to be involved in. I plan on moving to Charleston SC after I graduate in a couple years and had some questions. How much cash would you recommend having to start up? What are good ways to increase my credit? What is a great first property to get started on? And what way rental income, flips, etc 

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492
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267
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Robert Herrera
  • Investor
  • Denver, CO
267
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492
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Robert Herrera
  • Investor
  • Denver, CO
Replied

@Drew Moyer Welcome to BP. What books have you read? You don't need money, to make money, but it helps. This type of Investing (real estate investing) is really about your style of investing. Read the books, listen to seminars, audio books, etc, and prepare for the Opportunity when it comes. That's 80% of real estate investing. That's how I see it anyways.

Start you off and read these books. You can even find them for free and also on YOUTUBE sometimes. 

Rich Dad, Poor Dad by Robert Kiyosaki  (This will change your mind set, and put you on the Proper Path)

Richest Man in Babylon:  by George Samuel Clason (This Will Teach you How to Handle your Money, and how to Get the Money you Need to Invest)

Straight Path to Real Estate: by Kris Krohn. (This will answer your Question about Rentals, Flips, Etc) Is the best choice for me, and i follow his teachings.

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