I am 16 trying to get into real estate and have 200k

[Robert Bishop]

So I have successfully invested in other markets alongside my father and connections I have found to grow around 200k before Im 17 years old. I am heavily invested in index funds and long-term stock investments which is my primary focus and something I adore and am extremely interested in. But I also love the idea of investing in real-estate and utilizing its tax benefits I have read around 10 ish books or so and the one I am reading right now recommended this site I am looking for some advice of things I can do to either prep for an investment into real estate and or do right now. I also have a few side businesses bringing in a few thousand a month on-top of my primary focus which is day trading which I have done since a very young age which is going extremely well.

[Daniel Vineis]

So it wont be a popular opinion but maybe don't invest in real estate just yet. My unfair advantage is that real estate is my job I have made a few different businesses out of it. I cold call and go direct to the seller and I have a 3 person team that pretty much just calls all day long for me. So I get exposed to really great deals pretty frequently. In one of my markets I invest in I could buy a house cash for $200,000. So I personally would take that money flip a house make about a 20%-30% ROI in 3-6 month and then do it again. So again I'm able to do that because I've built a life around real estate and it takes time a resources to consistently get deals like that. I brought all that up because if your 17 and have made $200,000 from day trading and a side Hussle your ROI annually would be well over 50%. If that is the case then stick to that. In addition your 17 so I am assuming your still at home. There is almost no circumstance that will save you more money then living at home provided its rent free. So if your investing that full $200,000 getting that kind of return and you currently have almost no monthly expenses I would advise you to double down on what your doing and let it ride for as long as you can. The only situation that I think it would make sense for you to start investing right now would be if you are not investing the full $200,000 and are looking to take some money off the board and put it into a safer investment. If that is the case wait till your 18 and purchase a small multi family to house hack. You would still save more money 9 out of 10 times living with your parents but being able to leverage a low down payment loan will allow you to get a very high ROI on relatively safe investment.