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Updated over 7 years ago on . Most recent reply

Young MBA graduate that is eager to learn.
Most Popular Reply

@Voghens Larrieux welcome to BP. I finished my MBA in May and have since jumped into my first buy and hold deal. It went well. You must read Rich Dad Poor Dad if you haven't yet. I also read the Richest Man in Babylon and am about to start The Secrets of the Millionaire Mind. The MBA really helped me by instilling confidence to trust what I thought were great numbers and ultimately pull the trigger. I didn't think long, I offered within two hours of seeing the property. After all, student loans were pilling up and it was time to take a stand. Once the property was purchased I figured out how to get it rehabbed. I would talk with someone you know that knows someone that is on the cheaper end but does good work just before you start looking. It was a ton of fun and I'm ready to do another one as soon as possible. I bought my first property from a wholesaler (18k purchase price for a county appraised property of 27k; I spent 14k to rehab the property). I realize that may not be possible in all areas, but these are real numbers. I rented it last month for $675 a month. Utilize BP by watching all the podcasts you can and jump in. Good luck!