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Updated about 9 years ago on . Most recent reply
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I'm New and I am A College Student In Los Angeles
Hi everyone,
As the subject says I am 100% new to real estate and I am a college student attending and living near USC in Los Angeles. I really want to get started in real estate and get myself set up financially from a young age. I've already begun investing with a retirement account so for me this is the next step.
If anyone has tips or suggestions for me I would love to hear them! Being in college and being in Los Angeles makes it hard—maybe even impossible. I have no money and real estate here is VERY expensive.
Thanks! See you around.
Liam
Most Popular Reply
Hey I'm local here too.
The USC and South LA area is great sub-market within Los Angeles. If you can start searching that area you'll find more affordable houses. Also you can get into your first house with an HOA and possibly find a 2-4 units to house hack, or owner occupy while you rent the other units and fix up the property. Over time you can build great wealth then move on to another project....just one of about 100 options for investing
Search House Hack
Hit me up if you'd like to see parts of LA, you might actually know the area around USC more. I'm interested in investing there... South LA, West Adams, Jefferson, those areas
BTW knowledge is only half the battle in RE... for instance most of the real estate investors I know never read a book or forums etc (except maybe a couple general RE investing books) but just took action, were ambitious and frugal. In fact the one of the most successful RE investor I know is just a crazy guy who has a lot of balls and just bought when the local market dropped and works like a machine.