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Updated almost 8 years ago on . Most recent reply
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Taking the first steps
Hi everyone! My name is is Kim. I'm 20 years old and so happy I found this website and my passion for real estate. I know that this is what I want to do so I'm taking the steps to get there and looking for feedback and advice! I currently applied to Starbucks because I'm am a college student and I read that you need to have 2 years of a W-2 job to get loans from a bank. I also have had a credit card for about a year and a half and have always been responsible with it. I plan to save aggressively to build capital and once I do that my first goal is to purchase a duplex/triplex with an FHA loan. What do you think of my first steps on the path to financial freedom? Any feedback and advice is valued!! Thanks!
Most Popular Reply
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Rich dad poor dad is one of the best books one can read. It put my whole world into perspective. Our generation goes broke trying to look rich.. I'm not sure if I read that somewhere or it has just always made sense to me. I loved buying nice watches, having a nice car, etc. It made me feel like I was doing good and was making a life for myself. Honestly it was just throwing me further down the hill in debt. So I stopped buying all these unnecessary things. The Rich Dad Poor Dad really puts that into perspective. Another book is called "Good to Great" Its not about RE but it explains what separated companies and people form being just "good", to being "Great" also, the E-myth is mentioned a lot on the podcast, I need to read this one next. I'd love to touch base with you now and then and see where we are and be able to bounce ideas off of each other. Let me know if you have any questions on how I do things.