Is college worth a real estate investors time?

[Logan Jorns]

Hello BP community! Recently I decided to take this spring semester off from school to take the time and really decide if college / the degree path that I was on was really something that I wanted. Currently I am about a week away from finishing up my first flip. It’s going great and I really enjoy it! I’m set to close on my second flip on the 1st of March. My parents have been investing in real estate for 10 years and, growing up I was spending my weekends working at their properties while watching and learning as much as I could about real estate. I’ve been attending my local REIA meetings have surrounded myself with every book I can get my hands on that relates to real estate investing and business / entrepreneurship. I genuinely believe this is something I could excel in and actually enjoy doing. However, my biggest concern right now is regarding school. Is a college degree worth it, or should I spend that time & money that I would have to drop in school and instead, invest it into learning and getting to know real estate and networking? As a fellow real estate investor, what would you recommend? And why? I really appreciate all responses and look forward to reading them! Cheers, -Logan Jorns

[Chinmay J.]

Originally posted by @Logan Jorns:

Hello BP community!

Recently I decided to take this spring semester off from school to take the time and really decide if college / the degree path that I was on was really something that I wanted.

Currently I am about a week away from finishing up my first flip. It’s going great and I really enjoy it! I’m set to close on my second flip on the 1st of March. My parents have been investing in real estate for 10 years and, growing up I was spending my weekends working at their properties while watching and learning as much as I could about real estate.

I've been attending my local REIA meetings have surrounded myself with every book I can get my hands on that relates to real estate investing and business / entrepreneurship. I genuinely believe this is something I could excel in and actually enjoy doing.

However, my biggest concern right now is regarding school. Is a college degree worth it, or should I spend that time & money that I would have to drop in school and instead, invest it into learning and getting to know real estate and networking?

As a fellow real estate investor, what would you recommend? And why?

I really appreciate all responses and look forward to reading them!

Cheers, -Logan Jorns

College is a great place to waste parents money. lol.  OK kidding aside. College does have value for people who want to discover what's out there, and most of them go on to get a desk job (like me).  If you have already made up your mind on what you want to do, then you should follow your heart and go for it.  You seem young. If you feel like, you can always enroll in school. 

I firmly believe that in order to succeed in life you need only a few basic things.. 

A) Vehicle.. (What better vehicle than real estate)

B) Communication Skills

C) Basic Math

D) People Skills. 

E) Good Value System 

Neither of the aforementioned has anything to do with college degree, and can be achieved without one.  Good luck..