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Updated over 8 years ago on . Most recent reply

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7
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2
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Edward Rangel
  • Blue Island, IL
2
Votes |
7
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New Investor In chicago

Edward Rangel
  • Blue Island, IL
Posted

Hello my name is Eddie , I am 23 and I bought my first house at the age of 22 .

I am now interested in buying and renting out houses/units. I am moving out my house in the next month or 2 and moving back with my father to see how I like to renting out my home . I am think of using a Property Management company .  

I plan to keep working to save 20% of down payment to buy an other home rent it, 

with that cash flow do it over and over again. Any advice is appreciated 

Most Popular Reply

User Stats

71
Posts
108
Votes
Rick P.
  • Rental Property Investor
  • Grand Haven, MI
108
Votes |
71
Posts
Rick P.
  • Rental Property Investor
  • Grand Haven, MI
Replied

Sounds like you're on a solid path Edward. I wish I had gotten started at your age. Live frugally, purchase solid properties that cash flow & then do it again and again.

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