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Updated over 6 years ago,
Californian who is new to Real Estate Investing
Hi BP People,
I'm a Californian with a background in finance(stocks) who just recently caught the REI bug. I was analyzing my positions a few weeks ago when I realized I should probably start investing in real estate. Since then I have become fascinated in Long Distance Real Estate Investing but I'm still trying to figure out what areas(location) and business(SFH, Multi, Apartment) to focus on.
I have been educating myself with books, podcasts and research over the last month and attended my first meetup a few days ago - which was very informative and beneficial. I would like to build assets to create a solid passive income stream that can replace my 9-5 income. I have a goal to own at least one property by the end of 2018.
In the past month I have listened to over 20 BP podcasts and have read or are reading the following books:
Richest Man in Babylon
Long-Distance Real Estate Investing
Rich Dad Poor Dad
The Book on Rental Property Investing
I have been recommended to keep learning and to get busy networking!
Any other advice out there for someone starting up???
Thanks for your time and consideration!
Matt