Introducing myself: New Investor in the DMV Area
Hi all!
My name is Akhil, and I'm 24 years old. I've recently gotten really interested in real estate after looking at possible ways to generate long term wealth. I'm currently living in the DMV area (specifically, Germantown MD).
I'm super new to the game, and am slightly overwhelmed with the amount of information there is! Question for those that are further in their journey than me:
- What should I be focusing on right now as a beginner?
- What do you recommend as my game plan to land my first rental property within 12 months?
Thank you in advance! Excited to be here.
Quote from @Akhil Aggarwal:
Hi all!
My name is Akhil, and I'm 24 years old. I've recently gotten really interested in real estate after looking at possible ways to generate long term wealth. I'm currently living in the DMV area (specifically, Germantown MD).
I'm super new to the game, and am slightly overwhelmed with the amount of information there is! Question for those that are further in their journey than me:
- What should I be focusing on right now as a beginner?
- What do you recommend as my game plan to land my first rental property within 12 months?
Thank you in advance! Excited to be here.
1. Get to know the players, the people and the areas where to invest and not to invest.
2. I would not put a time on when to buy your first property. In 12 months is great, but buy when you are ready. Push for that but if you are not ready or there are no good deals, do not force a deal.
That makes sense, thank you!
Quote from @Akhil Aggarwal:Welcome to BP. I'm right next door in Gaithersburg.
Hi all!
My name is Akhil, and I'm 24 years old. I've recently gotten really interested in real estate after looking at possible ways to generate long term wealth. I'm currently living in the DMV area (specifically, Germantown MD).
I'm super new to the game, and am slightly overwhelmed with the amount of information there is! Question for those that are further in their journey than me:
- What should I be focusing on right now as a beginner?
- What do you recommend as my game plan to land my first rental property within 12 months?
Thank you in advance! Excited to be here.
If you don't have a property yet, I'd attempt a househacking strategy
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- Podcast Guest on Show #192