Starting out as a college student

[Andrew McMonigle]

As a current college student in the Philadelphia area heading into my junior year I’d like to start a discussion on getting started as a college student.

Some questions/ topics that come to mind are:

- Finding lenders that would invest in a “newbie”

- Others experiences with getting their first property in their early 20s

The main concern I have relating to using the BRRRR method to purchasing my first property is that since I am so young with little to no capital would it even be possible to start while I college? Would people just overlook you at the young age of 20?

[Derek Diamond]

@Andrew McMonigle

Early 20s is a great age to get started in real estate.  You will be financial free long before most of your friends!  I started around then and I found it very difficult to be taken seriously.  Real estate agents would completely blow me off.  The first one that took me seriously got 4 deals from me in the first 2 years( on the buying and selling side).  Knowing what I know now, I would have showed up more prepared when talking with bankers and real estate agents.  Have a written plan.  Show them you are serious.  If they don't want to work with you THEY will be the ones missing out.  You will get a lot of people saying "NO" but once you break in, it tends to go faster.  Good Luck!