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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

Post: What should my next step be? (beginner)

Account ClosedPosted
  • Posts 3
  • Votes 0

Thanks again for your replies. I think I'll just follow my interest of the brain/neuro-related stuff, and many years down the line, do some RE investing on the side.

Post: What should my next step be? (beginner)

Account ClosedPosted
  • Posts 3
  • Votes 0

Wow thanks so much for all the replies, I really appreciate all of your guys' views.
I actually did a year of university from September '09 to around May '10. Due to family reasons though, I've had to move (which is why I'm starting again in January 2011). I didn't include this info initially because I felt it unnecessary. I began to feel frustrated this year, and feel that the university cared more about its relationship with my money than it did me. That's partly why the idea of trying to be independent off the bat interested me.

I've thought about doing medicine and then specializing and doing something neuro-related (the brain interests me). My one thought is whether or not I'd have the time to educate myself in real estate at the same time because I know that medicine is a very demanding field. I'd probably have to dedicate myself fully to medicine and put real estate education on the back burner. I'd have the income and capital to invest, but I'm guessing I probably wouldn't have the time. Also, is it true that the tax laws would be skewed against me in this case as a medical man trying to invest in RE?
Thanks again for sharing your experiences/views.

Post: What should my next step be? (beginner)

Account ClosedPosted
  • Posts 3
  • Votes 0

Hi
I'm new to these forums. A few months ago, I read Robert Kiyosaki's Rich Dad, Poor Dad. After that, I bought and read a lot of the other books in the Rich Dad series. I then began reading real estate books from other sources.
I just finished high school and will be starting university in January. I have no significant capital to speak of. My question is, what should be my next step? I'm currently looking for a mentor in my area that I will hopefully be able to learn from.
Other than that, should I forget about trying to invest in the short term future and rather focus on gaining a solid education about real estate so that I can start investing later? Or is it possible for someone in my position to actually get started?
I'm starting to feel a bit "stagnant" and unsure of where to go next.
I was told by someone that I should basically forget about real estate for the meantime, get a job for a source of income, and then in a few years (after university, when I have a job and have saved up some capital) I can begin thinking about real estate. Is that sound advice?
Thanks in advance for your guys' views.