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All Forum Posts by: Nigel Dollentas

Nigel Dollentas has started 3 posts and replied 13 times.

Post: Can I as a High School Senior get into REI?

Nigel DollentasPosted
  • Helena, AL
  • Posts 13
  • Votes 2

Sending a PM. Thanks @Bryan Castro!

Post: Can I as a High School Senior get into REI?

Nigel DollentasPosted
  • Helena, AL
  • Posts 13
  • Votes 2

So a little backstory: 

As the title states, I will be entering the 2016 school year as a high school senior. I have about $5,000 (previously earmarked for opening a ROTH IRA) at my disposable and want to know if it is feasible to dip my toes in the REI not only for an excellent learning opportunity but also as potentially a way to make some semi-passive income either through building equity or cash flow.

I reside in Alabama, about a 20-minute drive from Hoover to give a sense of location. I'm pretty sure age is also a factor that I should be considering, any comments on that? 

I've read a couple articles here and there but for the most part, know very little about the subject matter. Any and all help would be appreciated. Let me know if I can answer further questions or clarify anything. 

TL;DR

  • $5,000 initial to start 
  • High School Senior 
  • Interested in learning about REI, particularly duplexes.

Post: New Member from Alabama

Nigel DollentasPosted
  • Helena, AL
  • Posts 13
  • Votes 2

Hey guys,

I joined simply to learn more about REI, as a way to increase cash flow, shorten time till FI, and as a learning experience. I want to thank in advance all the helpful members I expect to hear from :)