Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 30 days ago, 11/22/2024

User Stats

4
Posts
7
Votes
Keegan Felix
  • New to Real Estate
  • Southern California
7
Votes |
4
Posts

Full time working mom of 3 in my 40's with 8K to invest

Keegan Felix
  • New to Real Estate
  • Southern California
Posted

This is all very new to me, but I started listening to the BP podcast about a month ago and realized I have a strong interest in real estate investing. I'm using my workout time to educate myself daily and feel overwhelmed, but excited to get going. My goal is to create generational wealth for my family and to eventually have the financial freedom to say "yes" to travel adventures as a family. 

I'm open to suggestions for where to start investing. I have family in Kansas City, MO area so I thought that would be a good place to start since I could visit properties while visiting family. The other area I'd consider is Cleveland after listening to one of the BP podcasts and doing some research on that area. Multi-family units and investing for equity are my focuses to start, unless anyone has any other suggestions? Open to cash flowing properties too if the numbers are right. 

I have about 8K to start investing, which I know is not a lot, but with 3 kids living in SoCal, we are already pinching pennies. 

Looking to connect with other working parents who started this business adventure in their early 40's and made it work! After reading so many intros of young, single, eager individuals, I'm hoping I'm not too late to the game! 

Random question: has anyone cashed out their retirement (or part of it) to invest in real estate? Good move, or bad? 

Thanks for reading! Looking forward to connecting and learning! 

Loading replies...