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All Forum Posts by: Radhika M.

Radhika M. has started 4 posts and replied 12 times.

Post: Hey from an 18 year-old from SoCal!

Radhika M.Posted
  • Diamond Bar, CA
  • Posts 13
  • Votes 8

@David Friedman Thanks for your advice! It means a lot. I was reading your story on your profile, and am in a similar boat. I have $10,000 of my own money, but I can also ask my dad to partner up with me to have enough money to securely and confidently invest in a property around here.

Post: Hey from an 18 year-old from SoCal!

Radhika M.Posted
  • Diamond Bar, CA
  • Posts 13
  • Votes 8

Hey everyone,

I'm an 18 year old looking to get started in real estate investing. I have a degenerative eye disease that means the career ladder won't really work out for me down the line. 

I've managed to save $10,000 to begin investing in real estate and am really happy I came across BiggerPockets -- I was completely lost just looking on sites like Forbes and Entrepreneur.

So, with my $10k, a car, and my efforts, I hope to be able to get $1.5k in pure profit a month within 2 months. Whether that's through renting, buying-and-selling, or maybe AirBnB, I don't know!

Eventually -- I hope to have property across the country (and world?). I'm an aspiring traveler, so I really hope that if I work really hard, I can fund my travel lifestyle through real estate.

So, I'm considering starting with foreclosed homes. Is that a smart idea? Are there any repercussions I need to know about? Any good advice?

Thanks for the no-sales, no-sleaze, no-bs nature of this community!