Getting into Real Estate as a College Student

[Aaron Herrera]

I am a 20-year-old full-time college student in Los Angeles, about to receive my associate's degree, majoring in finance, and interested in getting into real estate. I wanted to learn the best way to get into this field as someone at my age and in my position. I don't have any licenses or prior experience, but I have read countless books and learned the basics, including wholesaling, crowd-funded real estate, rental properties, Airbnb...  So my question is, does anyone have any suggestions or advice on how someone like myself should start out?

[Michelle Crochet]

That's awesome, Aaron! Here are a few things I've learned along the way.

1. Network with professionals in the industry: Attend local real estate events and connect with professionals in the industry such as brokers, investors, and real estate agents. This can help you gain valuable insights into the industry and potentially even land a job or internship.

2. Look for entry-level positions for experience: Many real estate firms offer entry-level positions such as administrative assistants or transaction coordinators. These roles can help you gain experience and knowledge about the industry while working your way up.

3. If you can, focus on a specific niche: Real estate is a broad field, and it may be beneficial to focus on a specific niche such as commercial real estate or property management. This will allow you to develop expertise in a particular area and stand out from other candidates.

4. It's good that you're reading books and learning about real estate! But do continue to learn even years from now and when you gain experience: Real estate is a constantly evolving industry, and it's important to stay up-to-date on market trends, regulations, and best practices. Attend seminars, take online courses, and read industry publications to keep learning and growing your knowledge.

Remember that real estate is a relationship-based industry, so building strong relationships with colleagues, and industry professionals is crucial for success. Good luck on your journey, Aaron!