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Updated about 3 hours ago on . Most recent reply

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Ryan Stolzoff
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How to get started ? Next steps

Ryan Stolzoff
Posted

I am new to investing in real estate. I own my own home and have over $500k in equity. I also have 30k to use to start. How do I analyze deals? Who can help me? I don’t think I can afford to buy where I live in San Diego. What about out of state rentals? I have read three books about the topic  and I am looking to get started. Or at a minimum learn what else I need to do to be prepared to take the first step. What are the biggest hazards? I want to help my family and not burden them or lose our money. Any advice would be helpful. Thank you! 

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Jeffrey Abraham
  • Lender
  • United States
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130
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Jeffrey Abraham
  • Lender
  • United States
Replied

My biggest piece of advice

Don't feel pressured to buy quickly. Real estate is a long-term wealth-building strategy, and patience is one of the best advantages you can have. The investors who succeed over decades are usually the ones who buy quality properties, keep adequate reserves, and let time work in their favor.

You're already ahead of many beginners because you're asking how to protect your family while building wealth. That mindset will help you make disciplined decisions. Focus on learning the numbers, surrounding yourself with experienced professionals, and buying only when the deal makes sense—not because you feel like you have to get started immediately. One well-chosen investment can teach you far more than rushing into several mediocre ones.

  • Jeffrey Abraham
  • 720-498-2736
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Fast Money for Flips International LLC
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