Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago,

User Stats

152
Posts
63
Votes
John E.
  • Boston, Ma
63
Votes |
152
Posts

How do I make RE investing a business and not a hobby?

John E.
  • Boston, Ma
Posted
Hello BPers... My name is John Elmenhe, I'm 15 years old and I'm going to begin investing in real estate the day I hit 18 years old by trying to wholesale properties. I'm going to begin working soon and I'm NOT going to spend a DIME! It's all going into my savings account or a CD. RE investing is everything that I've wanted and more, so I'm not going to college. I've been reading RE/business books and taking online courses in creative RE investing. One piece of advice that I keep on getting over and over again is that RE investing MUST be treated like a serious business, and not some hobby you partake in on a Saturday. I feel like I should lease out an office space in a commercial building, so that I am physically removed from any sort of leisurely environment. Is this necessary? I mean I feel like my home isn't a really professional environment. Also, does anyone have advice on what necessarily constitutes a professional RE business? Should I form a legal entity? Get an office with office supplies? Dress up in a formal way? Your thoughts?

Loading replies...