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Originally Posted by Bobert
Yes, real estate isnt for everyone. I'm 27 as well and had real estate for 5 years now. I used my school money to buy my first, plus savings and a loan from my family. It's never depreciated in value, but no big deal if it does because they made money from day one. First lesson in real estate, make sure it makes money the day you buy it!
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That's pretty much impossible in the highly populated areas in New York & certain parts of Conneticut where a 1 bedroom apartment starts a $400,000.