New to this, have $ saved up, & ready to QUIT my 9-5

[Araz Matevosyan]

Hi fellow BiggerPocketers!

I am very new to the idea of real estate (including this website). I've been doing a lot of reading and it seems most fit for me to invest in a Multi-family home but I'm not sure what steps I need to take to prevent getting duped, since I am new to this.

Any inside tips? I currently reside in Burbank, CA and am looking to invest in a multi family home where my family and I can also live. Reading Brandon's blog has inspired me to do this in order to live rent free and profit in the long run. Does anybody have experience with this sort of thing in the Los Angeles area? Open to any suggestions. Really loving this website and the information provided to inspire young investors like myself. Thanks kindly, Araz. OH and Merry Christmas everybody.

[Manolo D.]

There are some mf Calculators here, i am unsure of where it is, however, you might need to get outside of the metro LA area, maybe start with 5-6 units and live on 1, you might not be able live free totally but it is a possibility.