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Updated almost 6 years ago on . Most recent reply

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Hamza Ali Amzil
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Where do I start in the real estate buisness

Hamza Ali Amzil
Posted

Hi, My name is Hamza I’m 19 and currently stationed in Okinawa japan. I’m interested in real estate I jus don’t know where to start. For now I’m strictly about educating myself before I invest any money. I would like to know should I start with flipping houses or wholesale, or rental properties. I would like to know the amount of money I should have to get started in each of the categories and where I could go for good information on getting started with each of the above listed categories. Thank you for your advice and time

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Geordy Rostad
  • Real Estate Broker
  • Kirkland, WA
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Geordy Rostad
  • Real Estate Broker
  • Kirkland, WA
Replied

@Hamza Ali Amzil

Start stockpiling cash if you haven't been. Save save save!

Next, keep getting educated on real estate and investing in general.

Read Financial Freedom by Grant Sabatier. It's full of excellent ideas of how to get ahead. It sounds like you might be in an excellent position to do this right now since you're young and your expenses are probably extremely low.

After you've saved a good pile of money, you should buy a 2u-4u and house hack it. I wish I had done this when I was 20. 

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