Seeking Guidance on My Real Estate Journey!!

[Randy Tran]

Hello, All!

I hope you're all doing well. I am 19, and currently a second-year college student pursuing a Bachelor of Business Administration in Accounting. I’m also working part-time and plan to continue my job after graduation to save up enough capital to start investing in real estate. I’ve always had a passion for real estate and dream of owning properties someday, and I plan to invest more time in this field after I graduate.

I’m particularly interested in starting off with wholesaling as a way to enter the real estate market with minimal capital. If there are other or better methods to consider, please let me know! My ultimate goal is to transition into real estate investing, focusing on rental properties and possibly house hacking as my next step after wholesaling.

Given my current position, I’d love to hear your thoughts and advice on where I should start. Here are a few specific questions I have:

1. 1) What steps should I take to begin? Is wholesaling a good first step for gaining experience? What can I do as a college student working part-time?
2. 2) What main skills or knowledge should I focus on acquiring right now that would be beneficial for my current and future real estate investments?
3. 3) Are there any common pitfalls I should be aware of as a beginner in wholesaling and real estate investing?
4. 4) What are some effective ways to build a network and connect with realtors to establish valuable connections?

I’m open to all suggestions and insights, so please feel free to share your experiences or any advice you think would be helpful. Thank you in advance for your support!