Does Anyone Invest In Real Estate Here?

[KAMALARAMBO: BOOMSHAKALAKA!!!]

I’d love to do this sometime down the road. Right now I’m working more on building up my savings, paying down my debt, and hopefully becoming a homeowner at some point.

But hopefully at some point. Aside from here I lurk around some real estate/finance forums. I’ve gotten a better handle on some financial terms and ideas over the years, but am still pretty new to some real estate stuff. Sometimes it feels like listening to super smarky PWG Commentary when you’ve never seen a wrestling match.

So how did you start out and what advice would you give? Or if you’re just planning to do this what are your ambitions?

[Feyrhausen]

I've thought about investing in some properties up for auction because of delinquent taxes. Feels kind of predatory though since lots of people were hit hard by the floods last year. But then again you do have to miss a few years before they can take your property so they were already missing payments before the floods.

[Kyn]

If you haven't yet, see a (reputable) financial planner, for both the short term & long term goals. The internet can help give you a general grasp on things, but the info you'll find is hit & miss (and sometimes bug f*** crazy). Real estate can be a great investment, but it can also be a disaster - a lot depends on your overall financial position, long term goals and when you get into the market. It's not great to tie up your cash in property if there's any chance an unforeseen event (health crisis etc.) would leave you needing short term liquidity your other assets couldn't cover.

(I feel like I'm living Kendrick Lamar's verse in YOLO right now.)