This is all very new to me, but I started listening to the BP podcast about a month ago and realized I have a strong interest in real estate investing. I'm using my workout time to educate myself daily and feel overwhelmed, but excited to get going. My goal is to create generational wealth for my family and to eventually have the financial freedom to say "yes" to travel adventures as a family.
I'm open to suggestions for where to start investing. I have family in Kansas City, MO area so I thought that would be a good place to start since I could visit properties while visiting family. The other area I'd consider is Cleveland after listening to one of the BP podcasts and doing some research on that area. Multi-family units and investing for equity are my focuses to start, unless anyone has any other suggestions? Open to cash flowing properties too if the numbers are right.
I have about 8K to start investing, which I know is not a lot, but with 3 kids living in SoCal, we are already pinching pennies.
Looking to connect with other working parents who started this business adventure in their early 40's and made it work! After reading so many intros of young, single, eager individuals, I'm hoping I'm not too late to the game!
Random question: has anyone cashed out their retirement (or part of it) to invest in real estate? Good move, or bad?
Thanks for reading! Looking forward to connecting and learning!
