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Updated about 3 years ago on . Most recent reply

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Ben Murphy
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Getting Started In Real Estate Investing

Ben Murphy
Posted

I am a 19 year old in Austin Texas and am looking to invest in real estate and looking to connect with other investors in the area. I am also looking for a mentor so if you are interested or would be willing to be a mentor to me that would be great or if you know someone that would be willing or interested that is just as good. I am good with excel and will analyze deals for you or whatever you need done just looking to gain some experience. 

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,449
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

Don't restrict yourself to one strategy.  The more you know, the more opportunities are yours for the taking.  The less you know, the more you try to force that one strategy into every deal.  You'll start out passing on these deals that won't work with that strategy, then you get frustrated, start reducing your criteria, and end up doing bad deals...but rationalizing them into good ones.  Don't make THAT mistake.

If the idea of learning more scares you into thinking you will only be confused, you shouldn't start down this path in the first place.

The most valuable thing on Earth, that can never be taken from us, is our knowledge.  It's also the only thing on Earth that has no limits.  Why on Earth would you want to restrict it intentionally?

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