You could be making real money by investing wisely.Also, I wouldn't be sure that Cali will always appreciate at the rate that it typically has.

Not only will you get to enjoy the best views and accommodations, but you’ll also be saving money compared to current prices.

I am a local Long Island Real Estate Agent covering everything from investment opportunities, development opportunities, home selling, home buying and everything in between. 

I'd like to hear from you if you started on your own, with no prior knowledge and have made it to the point where you are successful, and can support yourself, are enjoying it.

I am learning so much, and I am looking forward to investing in real estate. 

You need to learn more and decide on a target market that you really want to hold and manage real estate in.

@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.

Keep in mind hotels have a lot more moving parts and greater liability exposure yet we as a company still did not implement what you shared.Where we as operators differed was in our the understanding of the actual risks associated with owning real estate and how to mitigate or protect against them.

I am not saying this to slight the profession but  at the end of the day real estate sales is truly a zero barrier of entry business.

I worked as a Panama real estate agent for several years and provide content writing and marketing services for Keller Williams (KW) Panama.The property transfer sales tax is actually 2% of the total value of the property and not 11% as another comment suggested.Yes, the Panama real estate market is low after experiencing a boom for nearly 10 years.