Building Capital

[Nicole Rojas]

Hello BP,

My name is Nicole and I am currently a freshman college student (full time) in Massachusetts but I reside in Connecticut (during the summer). I am very interested in pursuing real estate as my career path in order for me to be able to serve others and build wealth along the way. I have spent hours watching YouTube videos, reading, listening to podcasts, and researching. I have certainly had the urge to just buy a membership to one those "gurus" real estate investing courses but I have never done it because I've always been skeptical about them. Being on Bigger Pockets has truly given me the opportunity to educate myself even further.

My ultimate goal is to earn $20,000 of passive income each month through buy and hold properties and to do a few fix and flips each year.

And with Real Estate one definitely needs capital to get started. I am fortunate enough to be on the path to graduate college debt free which is a very good thing. But I must admit that I am getting very antsy because all I want to do is get the ball rolling and get started. But I have realized that I do not have the capital, the experience, or the right connections to do so. Which takes me to a couple of my many questions:

1) I need money to get started. Would wholesaling be a good strategy to start with in order to build capital for my long term goals? if not, any other suggestions?

2) Should I attend both REI clubs in MA and CT? Even though I attend school here in MA.

I am truly just seeking for some guidance and any advice would be greatly appreciated. I am willing to listen, learn, and follow before I can get on my own two feet. I strongly look forward to any comments.

Thank you,

Nicole