17 and want to be pointed in the right direction

[Nicole Rojas]

Hi my name is Nicole and I am very interested in the real estate industry. My goal is to eventually own hundreds of rental properties but I don't know how to get started. I will be attenting college in the fall and I was hoping that some of you could give me advice and point me in the right direction so when I get out on the other side I will be able to start my journey toward my goal and buy my first property. Do any of you recommend any internships?  Books? Habits or skills I should develop in the next few years before I really get started. 

I would greatly appreciate some feedback!

Thanks!

[Aaron Montague]

Welcome to BP. You've come to the right place for information on RE investing.

A few Suggestions:

1. I'd go to work for a contractor this summer. Haul lumber, pound nails, sweep and do all the junk that hired labor does. You'll be right there in the thick of everything while the building is happening. Ask questions and get your work done quickly and safely. The contractor will love you.

2. Start paying a % of whatever income you have into a "real estate" fund. This forces you to get used to the concept of budgeting. Real estate takes a great deal of financial dedication, so starting young is always an advantage. Plus you'll get used to working with multiple bank accounts.

3. Update your profile to your exact location. The exact location allows people to ask you questions about your area. Remember you have the unique advantage of being a "kid." This is not a view of the world we see much here on BP.

4. Keep at it. If you stick with real estate through high school and college, you can can say you've been in and around the business for 10+ years by the time you are 30. Most folks haven't even found BP by that age.

5. Ask endless questions.

Good luck and enjoy the site!