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Updated about 9 years ago on . Most recent reply

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Angelo Senat
  • Fort Lauderdale, FL
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New to BP, Future RE Investor

Angelo Senat
  • Fort Lauderdale, FL
Posted
Hello, As said in the title, I am new to BP. I am currently a Freshman at Florida Agricultural & Mechanical University in Tallahassee Florida. But I am from Fort Lauderdale, Florida. I am 19 at the moment, I would like to purchase my first property in a few years. Is there any advice or tips that I can be given to gain knowledge and better prepare myself as a RE investor in the future? Thanks in advance, Angelo D. Senat

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Don Johnston
  • Chula Vista, CA
25
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Don Johnston
  • Chula Vista, CA
Replied

@Angelo Senat Right now look for creative ways to decrease your expenses and increase income so you can SAVE more, not spend more.  Something like next year (your Jr. year) you could rent a 3 bdrm house and rent out the other 2 bedroom to students you know and trust.  Rent the 2 rooms for the total rent.  Figure what you would spend for housing and put it in savings.  Not all landlords will let you sublet the other 2 rooms.  Some landlords are renting the home by the bedroom already.  I didn't say it was without work.  :-)  Do your "homework" as the others above have said.  Plenty of material right here on Bigger Pockets.  

Study hard at school for the best grades to maximize scholarship opportunities now and for a great job when you graduate.  That job can be your main source of income for your real estate investing.

Oh, and welcome to Bigger Pockets, your best first step in real estate investing.

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