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HomeForumsStarting OutHow much money should I save up to fund my first rental property?
Mason Adelman's profile image
Mason Adelman's profile image
Mason Adelman
  • New to Real Estate
  • from Chicago, IL
  • Member since Sep 29, 2020
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User Stats

49
Posts
26
Votes
Mason Adelman's profile image
Mason Adelman's profile image
Mason Adelman
  • New to Real Estate
  • from Chicago, IL
  • Member since Sep 29, 2020
Connect
Mason Adelman
  • New to Real Estate
  • Chicago, IL
26
Votes |
49
Posts
Starting Out

How much money should I save up to fund my first rental property?

Mason Adelman
  • New to Real Estate
  • Chicago, IL
Posted

Hello Everyone,

I am just beginning my process of becoming financially free. I am 18 years old living in Chicago and am going to college in Indiana. I have around 20k saved up and am trying to learn as much as I can now to be able to have enough money saved up to invest in a rental property. At the moment I am not sure if I want to renovate but I do know I would like an asset that appreciates. Any ideas or tips on how much I should save up before I start or tips In general? Really appreciate any responses. Thanks!

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