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Updated about 8 years ago,
Not Too Old to Get Started in RE Investing
I became fascinated by real estate investing many years ago when I did real estate closings as an escrow officer for a title company. I witnessed and participated in many deals put together by savvy investors and have always wanted to try my hand at it. Though I'm still in the research phase, I think I want to go with newer multifamily homes and possibly some single family homes to buy and hold. My town, Ephrata, WA, has a population less than 8,000, so I'm looking at Wenatchee (about 50 minutes away) or Spokane (about 2 hours away). I lived in the Spokane area for 18 years, so it has that familiarity that appeals to me. I also have children and grandchildren in the Boise, ID area, which is growing like crazy, and I will consider investing there, as well. (Tax deductible visits for the business, etc.) Picking a market to get started with has been a slow process - I might be overthinking it. I need to just pick a place and focus all my research on it. I'm looking forward to learning from all of you who are further along on this path than me.