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Updated over 7 years ago,

User Stats

14
Posts
13
Votes
Igor A.
  • New York, NY
13
Votes |
14
Posts

New member from New York

Igor A.
  • New York, NY
Posted

Hello everyone!

I am new to the site (still in the process of finishing my profile) and am new to the whole real estate investment. I am looking to get my hands dirty in the next couple of months. I am 22 and basically will start my career soon. I started reading the Ultimate Guide as well. 

I am looking for cash flow at first before I start trying out other areas. My plan right now is to save some money to get a good down payment down and pay off the first property as quickly as possible to get a higher cash flow (if that makes sense). Then I hope to get more properties from then on and using some leverage. 

Is this a good plan? If not, what should be my first steps? Also, are there any tips for beginners like me that you would like to share? Things to avoid? Common mistakes? I am basically open to learning as much as possible before starting out since I would not like to commit some mistake that will basically ruin me financially for the next 10 years.

Thank you for your time and I hope I can get to know all of you in the forums soon!

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