What would be my best opinion in real estate investing?

[Michael Arne]

Hi, I’m Michael and I’m 22years old currently working as an electrician. And for the past 4 months all I’ve been doing is reading books, listen to the bigger pockets podcast. From what I’ve learned this is something I really want to get into and really commit to. 

[Evan Polaski]

@Michael Arne I agree, savings is always first.  The fastest way to end a real estate investing career is to be undercapitalized.  Cash flow and capital get you out of nearly all situations, and you will have them.  Obviously, buying something and having others cover most if not all of your costs is a great way to get started.

Getting started, I totally agree with Alex.  Before I had kids, I wished I had bought a 4 family.  Additionally, I under appreciated cash flow per unit (which was great on my single families) and how a 4-8-12 unit building would have been a better option.  Even though the cash flow from a single unit is/was a little lower, there are efficiencies and appreciation that you will get in these properties instead of a single families.