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Updated about 1 year ago on . Most recent reply
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??How do you create a Real Estate Knowledge Learning Plan??
Im currently in college getting a real estate degree (go Hokies!) and minor in entreprenuership. While in school I am learning an immeasurable amount of techincal knowledge, gaining meangingful relationships with friends and professors. Im currently on my winter break and trying to take the time to create my investing strategy while honing on my investing knowledge to further give myself an edge. Im currently trying to spend 30 mins a day tracking the market (i.e. fed, inflation, overall macroeconomics, etc.), 30-1hr studying finance knowledge (ex. financial modeling, technical formulas, debt financing, etc.), and connecting with atleast 1 new person in the real estate space a day (bankers, investors, wholesalers, brokers, etc.). Im trying to really organize my learning strategy to figure how to further get an edge trying to be a real estate investor while also working to get a strong job in the CRE space post grad by finding internships and building relationships with employers.
I know that is a lot, but any advice on how to be morer strategic with learning and growing in real estate? I love connecting on linkedin (in bio) and would love to chat further if of interest to meet new people!
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- Flipper/Rehabber
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@Danny Bennett tracking all that macro data is fine but i don't think it's actually that important. the fed raises or lowers rates... OK. we still have to eat.
here's a good beginner plan. get that W2 so you're bankable. house hack, then... house hack again as soon as you can, then house hack again as soon as you can, etc.
regardless of what other investing you do, this could allow you to scoop up a small multi every 1-2 years, for as long as you can stand to be moving that often. or start a family. or move to Dubai. or whatever you end up doing.
wish i had known about house hacking when i was your age.
good luck.