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Updated 16 days ago, 12/12/2024
New, hungry, eager to start while also patient. Large risk appetite.
I have no experience with real estate investing.
I do not live in the US, and I'm not a citizen. I went to university in the Midwest many years ago. Currently living in China - have a very stable job, decent income. Have a small flat here that was just recently purchased and under mortgage. Have some ok-ish savings, and I really, really, really want to try to get into real estate investing.
From my limited research so far I believe I'm most interested in BRRRR and Multi-Family. Seller financing is also quite attractive, though I guess there are few of these kinds of deals available.
I have no particular area that I'd like to start with or focus on, but probably prefer somewhere in the south of the US due to my strong aversion of winter. Not that I plan to live in or even visit the US anytime soon, but I don't want to deal with winter-related issues like heating, de-winterizing a home etc.
For any deals that I actually jump into I'll need a property manager.
It seems like there are additional obstacles to success for me since I'll have to do pretty much everything remotely, but an expression that I like, and I'm paraphrasing here, "If the path you're on seems easy, you're on the wrong path"
Would love any and all advice, guidance, comments, warnings or whatever else you'd like to share. Desperately hope to find a mentor, or partners to invest with. Also totally willing to go in by myself on deals. I just want to soak up as much knowledge as possible and get my feet wet as soon as the right deal presents itself.
Oh, I'm pretty decent at video editing - just thought I'd throw this out there in case anyone needs simple video editing services. I'd be willing to do small projects for free to spread some goodwill. You have to give in order to get.
Thanks for reading!