I bought a garden style comdo for 94k when I was twenty, that was ten years ago, first person in my family to own my own place, did it on my own with no help from anyone.

I have been in real estate for close two twenty years.

I'm looking for some insight on my plan of action to get into real estate investing, so please bear through the back story along with the subsequent newby questions.I'm a twenty something year old aspiring real estate investor looking to buy locally first--Ideally Long Beach, CA or any city near LA that doesn't have rent control.

Brandon, I've been "sitting tight" here on the webinar for twenty minutes waiting for the webinar creator to log me in... just this redirecting circle to stare at.. nothing happening!

The property has a tenant who has been there for twenty years without a rent increase!

High end got clobbered as you will recall 50% in some cases.. my brother in law bought a home in LA hills that was worth 2.5 in the mid to late 80's and he got it for 1.2 in 1993.. it bounced back to 2.5 by end of 90's then shot up to 4 mil... then 08 it probably came back a little but I am sure its right back up to 4 to 5 mil..the dot com created spike in value late 90's then the dot com bust dropped prices then they came roaring back and by 2006 to 2007 made new high... then the 08 09 crash.. and it retreated again only to come storming back as you said with the google facebook and all other manner of high tech expansion and profitability.. to make new highs..

I don't like the idea of having my money tied up in this one property in spite of the minimal expense, but good cash flow.My husband has been self employed for over twenty years.

I feel old already with these guys in their twenties trolling around Biggerpockets :-)Yes  - this old guy I met did his first deal on September 11, 1972 - 10 days after I was born.

Twenty years ago when we started this REI business it was never a thought, but times have changed and now it is something we need to consider. 

The challenge is going to be finding a place that we can make the most use of what little money we have (we're still in our mid-twenties).