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All Forum Posts by: Kylie Moore

Kylie Moore has started 1 posts and replied 2 times.

Post: Getting Started in Real Estate

Kylie MoorePosted
  • Cambridge, MA
  • Posts 2
  • Votes 2

That's correct – I'd like to start building a long term portfolio of assets that will continue to contribute to a stream of passive income. 

Post: Getting Started in Real Estate

Kylie MoorePosted
  • Cambridge, MA
  • Posts 2
  • Votes 2

After reading BiggerPockets' blog, poring through various real estate and rental property books, and listening to countless podcasts about real estate investing, I'm really eager to begin. However, I don't want to get my butt kicked because I was too hasty in my first real estate investment and made some catastrophic decisions. I'm trying to learn some practical information to help me decide what my first goals should be. I've saved enough money for a small downpayment, but I'm hesitant about my current ability to deal with unexpected costs. The area I live in (Boston) is also not incredibly conducive to real estate beginners, so I'm hoping to invest elsewhere when I enroll in graduate school (9 mos from now).

My general questions are as follows: How can I learn to identify good deals in the real world? How can I prepare for the hidden costs of purchasing a property? How can I practice the application of some of these concepts I've learned about without actually investing so that I am ready to hit the ground running in 9 months?