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Updated almost 2 years ago on . Most recent reply

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Vani Anand
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New to Real Estate Investing

Vani Anand
Posted

Hi Everyone - My name is Vani and this is my first post. We moved to Atlanta 2 years ago from Arizona. I am new to real estate investing but very interested in learning and growing. I started researching recently and there is tons of information and I am not sure where to start. I do not have any particular strategy in mind but I am thinking mid term rentals. My goal is to build passive income and eventually quit my day job to do real estate full time. 

For all the experienced folks, could you please advise where I should start? If there is anyone who is willing to share knowledge for an hour long webex session, I will be willing to pay for your time to gain knowledge. Please let me know. 

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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied

@Vani Anand, it depends on your situation, but nine times out of ten I will recommend that newer investors house hack their first deal. Do you currently own a primary residence? Are you paying for someone else's mortgage in the form of rent? Do you not have a substantial amount of capital saved up? Depending on how you answer those questions, house hacking can be a viable solution for you to kick off your real estate investment journey. If house hacking is something that you can not pursue at this time, then we can discuss other investment strategies and what some of my clients are implementing in the market. If you have any additional questions regarding investment strategies and the Atlanta market in general, feel free to reach me via cell or email to connect (contact info is listed in my bio). Moreover, if you have the time, read Bigger Pocket's Ultimate Beginners Guide. The resource is packed with practical information. Hope this helps! 

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