Well, here is my story. I just graduated from college in December. I found a job that pays $45,000 a year right out of school. I am a civilian system admin working for the Navy. I have just started maxing out my Roth IRA and I currently have $4,000 in it. I have some mutual funds, T Rowe Price ($4,000), Vanguard ($3,500), Money Market savings ($4,000).
I need more $$$. I don't want to be old and driving a Porsche, I want to be 23 and driving a Porsche I am thinking about investing in some real estate. Possibly flipping a couple homes and supplementing my current 9-5 job. There is no reason why I couldnt get an extra 30k, 40k, 50k a year doing this on the side...
My question is has anyone done this and what can you recommend me to do? Possible first steps. Any advise is appreciated.
I need more $$$. I don't want to be old and driving a Porsche, I want to be 23 and driving a Porsche I am thinking about investing in some real estate. Possibly flipping a couple homes and supplementing my current 9-5 job. There is no reason why I couldnt get an extra 30k, 40k, 50k a year doing this on the side...
My question is has anyone done this and what can you recommend me to do? Possible first steps. Any advise is appreciated.