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Updated almost 4 years ago,
Please give me all your beginner advice!
Hi there,
I am a 17 year old with $1000 in my checking account and $12000 in my savings. I make $600 bi-weekly and I can save every bit of it. I have read a few of Robert Kiyosaki’s books and I’ve been looking into highly rewarding career options including real estate. I read an hour a day every single day in the morning. Real estate wise, I know I want to rent/flip properties in the near future. I live in a suburban area and the market is extremely overvalued at the moment. I can live with my parents for atleast a couple of years.
How do I get started? What should I read? What are the most common beginner mistakes? Should I invest in a different area? Pros and cons of a real estate license? What mentors do you listen to?
Thank you to all who help!