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Updated almost 6 years ago,
ADVICE?!: 19 yr old, spotting “deals” in REI & getting started?
I’m currently a first year college student majoring in applied science for Mechatronics Engineering. I’ve always been an aspiring entrepreneur and have had experiences with starting up small businesses for lawn care and sub contracting for land management as well as flipping a couple houses with my father. I’ve always been interested in flipping houses and real estate investing in general but I only have an idea for the physical labor part of flipping homes. I would eventually like to get started in many areas of real estate and make it my full time job. I’m seeking advice on the steps I should be taking for Investing and buying my own “flipper” (etc.) and taking action NOW. I have read many books on general business and investing but I feel that everything I read doesn’t emphasize the basics I’m looking for for getting started. How do I find specific homes? How do I know what a good deal looks like? How do I learn my market? Who should I talk to? How do I get started? I am trying to take advantage of my young age and taking this step to set up my future. Thank you in advance for your feedback it will be greatly appreciated!