Getting Started After Highschool

[John Suess]

Hello, first of all I want to thank you all for taking the time to read this I’m John and this is my first post here. It is my last year of high school and even with a high GPA, I do not want to go to college. I’ve got about twenty thousand dollars in a college savings that would like to use towards a multi family duplex using first home owner loan, which seems like a good idea to me (correct me if I’m wrong). I will still be living with parents so I can have more capital to pump back in investments. I’m very open for some advice about how to best go about starting in real estate investing with not a ton of capital. Any good books, pointers to the right direction, or any knowledge would be very appreciated. 

[Brian Adzadi]

@John Suess

Although I know college is not for everyone, I am still weary of someone who would want to forgo getting a higher education altogether, especially for someone who is just coming out of high school.

Why not get the best of both worlds. What I mean by that is to buy a rental property and take a vocational course as a plumber, electrician, hvac, carpenter etc. These courses don't require very little years and the skills you gain will help you know what to do when your property has to be maintained or repaired.

When it comes to books start off with Rich Dad Poor Dad by Robert Kiyosaki to start shifting your brain into investor mode and the Biggerpocket's, "The Book on Rental Property Investing". Then I would start listening to the podcasts here on Biggerpockets, read the member blogs and get engaged in the forums.

One key thing I would like you to do if you can is to find a mentor, maybe through here on BP or through friends or relatives. Its always prudent to shadow someone who has been in the business for a long time and can give you advice backed by years of experience.