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Updated over 7 years ago on . Most recent reply

User Stats

8
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2
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Marcus Tran
  • New to Real Estate
  • San Diego
2
Votes |
8
Posts

Question for experienced Investors!

Marcus Tran
  • New to Real Estate
  • San Diego
Posted

Hello BiggerPockets community!

I am a college student looking to start investing into Real Estate. I have been reading books recommended on here and listening to the BP podcasts and have started talking to hard money, and private money lenders such as family friends, close family members to make sure that I have funds accessible for when I find my first deal. From what I've been hearing through other members and investors is that I just need to try to get the first deal going and not be stuck on the sideline over analyzing. With that being said, with home prices being at an all time high... what should an investor looking to jump into the market do? I have read Tony Robbins' Unshakeable and he said people try too much to time the highs and lows of the market and miss out on the gains that follows a crash. It has been 10 years since the 08 housing crisis and I am skeptical about jumping in when the home prices are very high right now just to possibly take a loss on my first couple deals. 

Much appreciated,

Marcus

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