Updated over 10 years ago on . Most recent reply
New Kansas investor
Starting to become interested in REI. Started with Rich Dad Poor Dad for me. I like the idea of passive income earned from rentals. I have a decent sum of money to get started and believe i have someone to serve as a mentor. Im interested now in actually getting the property now. How do i find one? and a good deal at that? Are prices inflated again? would another housing crash affect me if I'm most interested in the income from rent then appreciation just the cherry on top? Also is REI a good choice at a young age if I'd miss out on the compounding of the stock market? Or would that be negated by reinvesting all profits? Thanks you for any responses!