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Updated 10 months ago on . Most recent reply

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Julian Thomas
0
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4
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im 16 turning 17 in two weeks and i want to get into real estate

Julian Thomas
Posted

I am currently in my junior year of high school, and I have all AICE and AP classes, which allows me to get a full ride to college. However, I don't know if I should go to college or not for real estate. I honestly am thinking of just going for a business major with a real estate minor because that's what I've worked all these years for, you know? Anyways, I want to start learning everything early so I can get started after I graduate high school. I am TOTALLY lost. If you have any tips or things I should know before starting, please lmk :)

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1,163
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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
877
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1,163
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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
Replied

Absolutely, go to college and get a worthwhile degree, especially if you have a free ride!!!!

Why? Real estate investment involves having money to make money. You will earn much more with a college degree than without and you will understand the world better. You will need to save that initial income to buy your first properties, get your mortgages, etc.

You don't need a college degree to swing a hammer, but that psychology class could come in handy negotiating with a difficult tenant. The accounting class will help you keep your books in order and understand your taxes. The marketing class will help you keep your STRs and LTRs leased.

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