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Updated over 9 years ago on . Most recent reply
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Hello
Hello Everyone,
My name is Philip I am new to real estate investing and realized that there is so many different ways to invest in real estate and make money as well. I do not have too much experience investing so I would call my self a beginner. I did purchase a house in 2007 as an investment when i was 23 and held on to it thinking it would go up. I used as a rental property but at the end of the day i didnt have much cashflow. I recently sold the property last year because I thought it was a good time to sell. I took a loss but i look at it more of a lesson and experience. My recent purchase was in 2013 to live in, now I have a good 20% equity built in and plan to keep this property until i pay it off.
My plans are to get into real estate wholesale but the more I research and dig, I feel that Southern California is a bad area to start, please correct me if im wrong. I finished reading the beginners guide book that was written in BP and felt that it was very informative. I plan to continue reading the posts in this forum to keep me educated. At the end of the day, I would love to network with people.
Thanks.