19 and Starting my Journey with Real Estate

[Kaylee Loomer]

I'm 19 and one of my first goals in Real Estate is to start by house-hacking. I learned that this is one of the best ways to start out in real estate, and I do not mind having roommates at all.. in fact I am very use to living in crowded households. I just got my first car, and I just started 2 new jobs. 

I currently have a good amount saved up as an emergency fund. and as for how much I need for a house hack.. I am a bit unsure as to where I should be at with my finances. Are there any steps I could take right now to help bring me further to my goal? Is there anything I should be wary of when starting out? Any advice is greatly appreciated.

My dream is to eventually have financial freedom and own and rent out multiple properties. I've had an interest in real estate ever since I was 12, and I feel like I am finally the point where I can get started on this journey. 

I am also interested in having a mentor or even just someone to connect with and talk to about real estate. Feel free to message and connect with me! As I will be connecting with others as well in this field. I am so excited to start on this journey as owning my own home and owning real estate in general has been a dream of mine for so long.

[Ran Iarovich]

Hey Kaylee, 

I'm in the same shoes. 19 and based in Seattle, Washington. My eyes really opened up about the possibility of real estate when I was 15 through some YouTube videos. I decided to get my real estate agent license and try to learn the industry from the ground up. I would agree with @Nathan Gesner. Get your dream team from local meetups and forums in your area. That way you can get a mentor or a few trusted friends in the space who can refer you to their trusted connections and build from there. Remember the old adage - "show me your friends and I'll show you your future". All the 5 people that you hang around with should be better than you in ever metric regarding real estate. You should feel OUT OF PLACE. That way, you have no choice but to level up your skills and ability to reach your goals faster and with more confidence. 

Feel free to reach out if you have any questions about the space and if I can help with starting out on your journey, 

Hope this helps,

Ran