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Updated about 11 hours ago on . Most recent reply

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Fiorenza Cynthia
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Mentorship & Accountability

Fiorenza Cynthia
Posted

Hi everyone, I’m Cynthia! I’m new to actively investing, even though real estate has been something I’ve dreamed about for over 20 years. I’m 48 now, and finally ready to move past feeling like I “started too late” and step into action with confidence. I’ve spent 21 years teaching, so learning, adapting, and staying disciplined are second nature to me. My husband is a project manager for a steel company, so between the two of us we have a pretty solid blend of communication, organization, and construction-related insight.

I'm hoping to connect with people who are a few steps ahead—mentors or accountability partners who can help me stay consistent as I transition from studying real estate to actually doing the work. BRRRR, buy-and-hold, and house-hacking strategies are especially appealing to me, and I'm really interested in understanding off-market deals and what a realistic first step looks like. I'm very aware that I'm not twenty-something anymore, but I also know that plenty of people start later and still build something incredible. I'd love to hear from those who've been in my shoes or anyone open to sharing advice, guidance, or even just encouragement.

I’m here to learn, take action, and become a valuable part of the investing community. Looking forward to connecting with you all!

  • Fiorenza Cynthia
  • Most Popular Reply

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    Aaron Zimmerman
    #2 Tax, SDIRAs & Cost Segregation Contributor
    • Accountant
    • Chicago, IL
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    Aaron Zimmerman
    #2 Tax, SDIRAs & Cost Segregation Contributor
    • Accountant
    • Chicago, IL
    Replied

    It's never too late to get started and you probably have a solid foundation of knowledge as well as capital to start investing.

    a couple of options to start:

    1. House hack - this is my #1 go to investing strategy if this works for your family. 

    2. live in flip - you need somewhere to live so why not improve the property especially with the experience you and your husband have. I would consider selling after you've there for two of the previous 5 years and there's some equity.

    3. BRRRR seems ideal for your situation. You're at a point where you need to make something happen but you don't need to be reckless. I think BRRRR is achievable. Focus on running the numbers, finding a good deal, and keep building your network

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