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Updated over 10 years ago on . Most recent reply
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Newbie
Hello BiggerPockets!
I am a complete newbie looking to get into th business for the long term. I am a patent attorney by trade but recently got laid-off and have no interest in working for someone else. I am in the process of obtaining my broker's license and taking the plunge. I should also mention that I am in the enviable position if having a "sugar momma," my wife is a radiologist.
I have been reading the site and other real estate blogs (123 flip, etc.) and I have read the Complete BiggerPockets guide as well as Rich Dad, Poor Dad so I am accruing some knowledge. I have about ~$35K to start with.
So my question is: where would people suggest beginning? My inclination is to try to partner with a more experienced investor on a deal in order to learn the ropes. I think I am more of a buy and hold investor but would certainly partner with a flipper if that were a possibility.
I am also willing to lend my skills as an attorney in exchange for experience. I am very much accustomed to hard work but know that working smart is usually a better idea.
So thanks for reading my first post and sorry for being so long-winded!
Any advice is much appreciated. Thanks in advance.