New member from California

[Zara Nguyen]

Hello everyone,

My name is Zara and I just wanted to take a few minutes of your time to introduce myself. I'm 21; well going 22 soon and I'm a pharmacy technician at Saddleback Memorial hospital in lagunal Hill. I got hooked into real estate when I was 16 after reading "Rich dad and Poor dad" by Robert Kiyosaki (definitely gave me a thought-provoking feelings and opened my mind to the possibility of letting money earn for money; especially when I was 16 and still trying to find out what I wanted to do in life). Originally I planned on becoming a pharmacist in order to invest in real estate but I figured that cost way too much time and money in it self and it would be a waste to switch field later on in life.

I have read quite a few books in real estate such as " the automatic millionaire" by David Bach, "Guide to investing" by Robert Kiyosaki, "building Wealth One House at a time" by John Schaub, " Real estate investing strategy" vol 1.2.3 and "How to get started in Real estate investment" by John T. Reed etc... but even though I read books and tried to ARMED my self with knowledge and am familiar with a few creative strategy like judgment investing, buying subject to, owner finance, discounted lien aka short sale etc... I am still at lost at what am I supposed to do or especially how do I get started?

I do have goals and plans though however and they are as followed:

~My niche as for now are going to be single family house and multi-unit apartment. commercial and land are for later on.

~My strategy for the first year are going to be owner finance, subject to lien, or any hard lending institutes that are willing to invest in me to buy and hold ONE or more (most likely only one for first year) single family house or a 1-to-4 unit residential property in a low- to middle-income neighborhood every 12 months. Once I got my buy to hold, I would try to flip or do fixer upper as much as I can within the time frame period of 12 months (though If there's another property that's worth holding even though I already have one for the 12 months; I would still hold, however the situation is allowed). Then I would use the build up equity, earned money from flipping or fixer upper, and hard lending institutes (since this is an OPM business and leverage) to buy and hold TWO or more (depend on situations) single family houses or multi-unit residential property in a middle income neighborhood. I will continued to do that for 5- 6 years and expand to commercial property (I don't have a strategy for commercial yet) and drop the flipping and fixer upper strategy (buy and hold will always remain as the most important part). Property that are to hold will be hold for the rest of my life as I am trying to build wealth and will only be sold if its to trade for a better investment property or under any dire emergency needed situations.

That's all I have as for what my goals and plans are. And yes; I know real estate isn't a get rich quick over night kinda thing and I know that I will make mistakes, and fail and that my life long road to my goal is going to be a rocky one. But in the end my goal is absolute. That's why I came to biggerpockets in order to learn and network as much as I could possibly filled my lungs with air lol.

Sorry for the long intro. :/