For the absolute beginner
Hey, My name is drae, I'm 24, and I live in Austin TX. After watching a rich dad poor dad video I decided it was best I focus on investing in real estate asap. I was wondering how much money should I save up as a down payment to buy my first home? And, does it matter if I go for a single or multi family income property? Also, I've been thinking about charging tenants around 500 for rent to make a property more appealing and guarantee a tenant. Please help me make a decision and begin my path to becoming a real estate investor.