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Updated over 3 years ago,
New 20 Year Old Investor Utah
Hey guys, I’ve been wanting to get into doing real estate for awhile now since I have graduated a couple of years back. I have someone I know that has taught me a little about how to buy and hold stuff. He has about 55 properties, I just barely started listening to the podcast last week and I’m only on episode number 17. I’ve started to try and learn the vocabulary as is it has stated and tried to expand my knowledge. Right now I am worried about the market in Utah, I feel like if I don’t jump in now everything will be way too expensive to make any passive income, and I feel like if I wait any longer It will just get worse and worse. I have a good job and a it’s a teamster Union job so I don’t think I’ll have problems for financing for my first home besides my credit not being the greatest since I’m only 20. I have the option to still live with my parents, any suggestions on what I should do? I don’t want to miss out on my chance to get in the market, nor do I want to make a rash decision.