Starting out and don’t know actionable first steps

[Makani Donaldson]

Hey everyone!

I've posted a few times here in the forums and always got wonderful responses but my questions weren't the best for my current position. Right now I'm just looking for advice on how to get started. Living in Hawaii, it's obviously very expensive to get started in RE, I have an end goal of owning a specific type of property in 15-20 years but I know that the current path I'm on, I won't even get close to that goal. Here's my situation:

I have very little saved up. (Bad spending habits during college) Only 10k for a down payment which wouldn't get very far most places let alone Hawai’i 

I have a full time job and a part time that really only bring in a little under 4k a month and planning on getting a better paying job in a month to bring it up to about 4,500 a month (still not a lot) 

I currently live rent free and have no other debt which is wonderful so saving is my current goal however the spot I live in isn't a permanent arrangement and am expected to move out at the end of the year  my original idea was to try and buy a small live and flip apartment that id do myself for the easy stuff (not electric and plumbing lol) and go from there but because of my location, there's nothing affordable for me and leaves me stumped with my next, technically first step toward ownership  

any insight or help on a good first step would be greatly appreciated 

[Michael Borger]

Aloha, @Makani Donaldson - I know how hard it is to get going in the beginning, especially in Hawaii. It may not be what you want to hear or what's most attractive, but the best path forward may be a combo of 1) wholesaling deals to build up the cash reserves, and 2) getting a roommate(s) to keep your costs down. Do that for a while and you may find yourself in a better situation that could allow you to find your own (better) property to purchase and, with the extra knowledge you'll acquire from doing some deals, to build up a viable REI business.