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Updated almost 3 years ago on . Most recent reply

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Investing During College

Posted

I’m currently a junior in high school and I’ve been listening to the BP podcast for about a year and I’ve also read a handful of books on real estate and I think I have a pretty good grasp of the overall idea.  I want to get started right away when I can, but I will be going to college to get an engineering degree after this next school year.  I was wondering if it would be feasible to house hack over the 3 month time period in the summer, or do any sort of short-term real estate work during the summer in order to gain overall experience and hopefully walk away with a little cash?  Thank you for taking your time to read this and any advice is helpful.  Thanks!

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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Quote from @Steve Williamitis:

I’m currently a junior in high school and I’ve been listening to the BP podcast for about a year and I’ve also read a handful of books on real estate and I think I have a pretty good grasp of the overall idea.  I want to get started right away when I can, but I will be going to college to get an engineering degree after this next school year.  I was wondering if it would be feasible to house hack over the 3 month time period in the summer, or do any sort of short-term real estate work during the summer in order to gain overall experience and hopefully walk away with a little cash?  Thank you for taking your time to read this and any advice is helpful.  Thanks!


When I got started investing my sophomore year of college, I had $500 to my name, My grandmother lent me $12k for the downpayment on a duplex on OSU campus in Columbus. Over the course of a year my wife and I fixed it up, rented to friends, ate peanut butter and jelly, did everything we could. We then refinanced the property and it has given us $140k in cash back and continually produces $1,800/month in cash flow.

The key when your younger is to find partners that can help propel you to the top!

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