What would you do in my situation?

[Lukas Holzmann]

Hi guys,

I am a guy from Austria (Europe) and I want to start out in real estate. I did a lot of research and read a couple of books on real estate. 

My problem is that I don't know where I should start. My goal is to become financially independent through buy and hold investments. I don't really have any training other than books and online articles. 

I read Brandon Turners book on creative finance and I think private money and seller finance are my best options to get started. But I actually don't have a lot of knowledge about the market in Vienna, Austria (where I live). I think a good option for me would be to reach out to someone who does what I want to do and ask him/her a bunch of questions. 

I also don't have too much capital. I am still a student and currently not working for anyone.

What would you do if you were in my situation?

Any advice is greatly appreciated.

Lukas

[Thomas S.]

Step 2) Start saving money, get a job live below your means, have a savings fix your credit if bad, save save save, buy your first house and quickly learn that real estate is a "get rich slow" process.

Absolutely essentials to your future.

Do no start with private money if you can save on your own. Setting up a lifestyle of saving and living frugally will benefit you your entire life.

Find investors in Austria that are already doing what you want and become their best friend. Separate yourself from those in your life that are not like minded and driven to succeed.