New To The Game
I've been slowly creeping towards REI since my junior year of highschool now that i've been out and in the working world for a little bit (i'm only 20) i've decided i'd rather be rich than working :-D . this is the approach i'm taking so far i could use any pointers/tips you all could give.
I'm getting ready to get a new (reliable transportation) car and put the money down on my real estate class. afterwhich i'll be putting a good portion of my earnings towards starting up my REI company (possibly taking on a partner). I'm planning on using REI as a foundation for building wealth and allowing me to invest in,buy, and start small companies. My primary goal is to have a strong foundation selling and renting properties, i've also been looking at putting money into Tax lein certificates instead of mutual funds/CDs/stocks (just off basis that it seems a lot better for actually making money). I'm currently assistant manager at a family owned resteraunt (the very defenition of "dead end" job), but what that does allow me is time to go out and find properties and a flexible schedule. So i have the time and i'm working on earning the money i just need to know if i'm heading in the right direction.
Sounds like a good start for you... all the best
thanks a lot i'm currently gathering info on my first deal so i'm sure i'll be posting more questions. lots of info floating around i'm just trying to soak up as much as possible. :-D