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Updated almost 9 years ago,
23 Year old man from Michigan
Hello everyone. I hope you are all doing well today.
I just joined not more than 5 minutes ago, didn't even know about this website until 15 minutes ago when I was watching a YouTube video. Excited to get around it and explore/learn new things.
My dad is involved with real estate as a side thing and from what I've seen over the years its a great tool to generate income/alternate income stream. Its cool that hes involved and willing to help, but I want to do some things on my own as well.
I currently work the classic 8-4 job making about $25-30k a year, and its fine. I don't mind the work and its very laid back. But "fine" isn't what I want. I want things to be amazing, glorious, I have goals and ambition and simply cannot sit here for years doing nothing but looking at a computer screen day in day out doing the same things HOPING to receive more pay. Screw that. This is temporary and I will make sure of that. The faster I can get started in this, the less time will be spent here at my J.O.B (we all know what means)
I need some help though. First things first, I don't have much cash. I just recently got the job (about 6 months ago), so I'm not sitting on much right now. I don't have any debts to pay or much bills to cover, my expenses are very low thanks to my amazing parents.
So how do I go about in the real estate world with low cash? Where do I get started? What should I learn about first? Is this even possible with low cash? Any and all help is much appreciated. Thanks and again I hope everyone is having a great day.