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Updated about 10 years ago on . Most recent reply

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Marcus Miceli
  • Toronto, Ontario
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How should I start my real estate career before I can invest in real estate?

Marcus Miceli
  • Toronto, Ontario
Posted

As some of you may know, I just turned 16 so it's not actually legal to buy real estate right now aha.  So I'm wondering, should I be reading books or finding a mentor?  What do you think is the best thing I could do right now in my situation, because I want to get right into the game when I turn 18.

Thanks

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Concentrate on school! RE can be a hobby for a few years.

A job in the summer with a contractor will teach you construction methods, a huge plus.

To learn RE, get a text book for real estate agents they use to take their test to become an agent! That teaches real estate. If you were going to sell cars, do you think it might be good to know the different types of vehicles, how they basically work, what maintenance they require and how to exchange titles? Learn real estate, not how to deal with it, that comes later. You have plenty of time.

There are other jobs related to real estate you might pick up, Realtors hire assistants, title companies hire delivery and office help, contractors need laborers, so anything related can give you experience. After you learn real estate it doesn't take hardly any time to begin finding deals and understanding what you'll be doing, there is no time crunch there. Stay away from gurus!  Good luck :) 

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