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Updated 7 months ago on . Most recent reply

User Stats

13
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Carter Trombley
  • New to Real Estate
  • Buffalo, NY
3
Votes |
13
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Looking to grow my career/portfolio

Carter Trombley
  • New to Real Estate
  • Buffalo, NY
Posted

Hello BP,  I have been in this mental loop and hoping for some advice, I am 19 years young and am currently in a partnership on 2 commercial properties located in Buffalo NY. I want to keep in mind that I do most of the renovation and am not a major financial outlet. I also happen to be employed by my partner, I do lots of work for his property maintenance and renovations.

My major concern is when I have a not so large income how can I grow outside of purchasing a property which is not very feasible at the moment. I know this could mean switch to another job to keep learning my trade or taking courses on project management. However I would love to hear more about how others have improved on themselves professionally when in a similar scenario. 

P.S. Thank you for taking the time to read and hopefully sharing you knowledge!!

Most Popular Reply

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Nick C.
Pro Member
  • Specialist
  • Tampa, FL
2,946
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2,277
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Nick C.
Pro Member
  • Specialist
  • Tampa, FL
Replied

The good news is that your maintenance/renovation experience is going to help you throughout your career. 

The great news is that you're 19. You don't need a ton of income yet, keep learning while you're earning, consider getting your RE license. Work on building credit, increasing your income. If you start doing your own projects in your mid to late 20's you'll be ahead of 90% of the RE investors I know, including myself.

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