New from Poughkeepsie, NY and in need of some advice!
Hello!
My name is Darren and I am from NY. I am 22 years old just graduated college and my goal is to become a full-time real estate investor. My plan is to flip single family homes and eventually purchase large apartment complexes in order to create monthly cash flow.
After college I naively moved to Silicon Valley for a job at a tech startup. I always was intrigued by real estate investments but was intimidated because I never had alot of money needed to invest. I chose online companies as my path and now I am changing ships.
I have spent most of my $6k savings moving to and from Silicon Valley. I am pretty broke, so my plan is to get a job once I move home and save up $600 needed for my real estate license exam. I'm going to become an agent, get a job at a firm and then build some capital. I know being an agent is more difficult than people expect, but even if I have moderate success it will create a huge start for my portfolio (I will be living at home = 100% profit!).
Do you think my plan is viable? And do you recommend any books for beginning investors? I have read alot from Robert Kiyosaki and like I said earlier, I want to do this full-time so I intend on practicing both flipping and buy and hold in order to create equity and cash flow.
PS : If anyone is from Poughkeepsie, NY and would like an extra hand doing anything I would love to connect.
Thank You!!