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Updated about 6 years ago on . Most recent reply

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Kyle Karnes
  • Rental Property Investor
  • MD
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Good Starting Investments

Kyle Karnes
  • Rental Property Investor
  • MD
Posted

Hi, I’m a 19 year old from North Eastern Maryland. I wanted to give a basic background of my financial situation and I’d like some input on what investments would suit me best, and what road I should look into. Right now my income per month is $5,000 after taxes. I spend a total of $1270 in my monthly expenses. I am currently considering buying a rental property between 80k and 150k. Any input would be helpful, thank you 

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Darius Kellar
  • Real Estate Coach
216
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Darius Kellar
  • Real Estate Coach
Replied

Because you are 19 years young I would consider getting as much skill as I can with the combination of saving. investing in real estate is easy. I am 29 and in my earlier years I spent alot of time getting skill based education as a back up plan which made real estate a no brainer. To the point I didn't need to ask for someone elses input. 

Being a young guy myself, a bad trend I see is that many people are skipping out on gaining actual "SKILL."

What skill do you have that can be a fall back to earn you income ?

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