Help For a New, Young Investor

[Taylor Renee Noll]

So I am not yet an investor, but I have the mindset that I actually am already. It's something that I've been so passionate about for the last seven months, but I have NO IDEA where to start, or what I will need in order to start. Should I start with a realtor, financial advisor, broker...etc. ? I just want to know the exact steps to help me get the ball rolling. I don't have much support from family and friends; they don't take me seriously as I am only 21 taking on such a big venture. Hopefully you all can be of some help and support. Thank you!

[Michael Pearse]

@Taylor Renee Noll I recommend writing down the team of people you would like to have (realtor, contractor, wholesaler, etc). Then start networking to find people that are the right match for the area of real estate you are looking for. You don't have to wait for everything to be perfect before starting. A lot of the business requires taking action and just figuring it out as you go. You will be taking risk when you make an investment, whether that be through time networking, or purchasing a duplex. As you build experience you will learn ways to minimize the risk and increase profit. This applies in the beginning as well. You will meet a lot of great people, but only a few will work for your team.

I was in a similar scenario as yourself about a year ago, where no friends and family are involved with real estate. But now that I have done a few deals and network in my area, friends and family are always asking me how my real estate is coming along. Stay motivated and remember why you are doing it (for anything in life). 

Cheers!