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Updated about 8 years ago on . Most recent reply

Marcell Chaney's profile image
Marcell Chaney's profile image
Marcell Chaney
  • from Oak Park, Michigan
  • Member since Jan 2, 2017
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Marcell Chaney's profile image
Marcell Chaney's profile image
Marcell Chaney
  • from Oak Park, Michigan
  • Member since Jan 2, 2017
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Marcell Chaney
  • Oak Park, MI
4
Votes |
13
Posts
Real Estate Deal Analysis & Advice

How old were you when you purchased your first deal?

Marcell Chaney
  • Oak Park, MI
Posted

I'm just curious because I'm only 19 and I've been hearing that people wish that they would have started sooner. Also what was your first deal SFH, Condo, Multifamily, etc. I just want to know that it can be done regardless of my financial status.

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James Holland's profile image
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James Holland
  • Investor/Consultant
  • from Sacramento, CA
  • Member since Jan 14, 2011
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James Holland's profile image
James Holland's profile image
James Holland
  • Investor/Consultant
  • from Sacramento, CA
  • Member since Jan 14, 2011
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James Holland
  • Investor/Consultant
  • Sacramento, CA
41
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175
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James Holland
  • Investor/Consultant
  • Sacramento, CA
Replied

My first deal was when I was 19 going on 20. it was a 2bd 2ba condo/duplex. Bought for $64k and sold it about 18 months later for $175k. ahh good times.  Your age, if anything, is an asset to what you can accomplish in this business

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