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Updated about 10 years ago,

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6
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0
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Robert Nichols
  • San Mateo, CA
0
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6
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Help me get started

Robert Nichols
  • San Mateo, CA
Posted

Hi this is my first post. I really want to make my first investment, but i dont know where to begin. I was thinking of joining a REI club nearby, and from there, i'm really unsure how to proceed. I live in San Mateo CA, 20 minutes south of san francisco. I had originally been inspired by an old thread in a forum where he spoke about building capital doing lonnie deals...but it seems as if this has become much more complex to do in recent years. Im not even sure its worthwhile, from what ive read here. ANyways, i work full time, and I dont pay any rent, because of the nature of my job. They provide housing. So I think i am in a good position to get started. Any thought on a good first investment? maybe a 3 plex, or 4 plex? I dont have an enormous bankroll to work with at the moment, but i can save fairly rapidly, and my credit is good (last i checked).

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