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Updated almost 3 years ago on . Most recent reply

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Raenelle Reed
  • Rental Property Investor
  • Oakland, CA
2
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7
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Newbies who need to get started but don't know HOW

Raenelle Reed
  • Rental Property Investor
  • Oakland, CA
Posted

Looking for newbies in the Real Estate Investment, who is willing to form a group and to learn from each other!!

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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
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3,673
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied

@Raenelle Reed this is great! When I got started investing my sophomore year of college, I had $500 to my name, My grandmother lent me $12k for the downpayment on a duplex on OSU campus in Columbus. Over the course of a year my wife and I fixed it up, rented to friends, ate peanut butter and jelly, did everything we could. We then refinanced the property and it has given us $140k in cash back and continually produces $1,800/month in cash flow. One of the biggest things that helped me was my network and solid people surrounding and supporting me.

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