Seeking feedback on capital building plan.

[Jonathan Boyce]

For some years now I've been fascinated with the idea of building wealth through real estate.

End Goal: In a nutshell, I want to build long term wealth via residual income for me and my family.

With the information I've accumulated, I've decided I want to go the investor route.

So in order to invest in RE, I'll obviously need capital.

My next step towards building capital is to go to school for radiology which takes 2 years (full time school).

I am currently attending school to complete a 2-year degree and license in radiology that will qualify me to pursue a career that will compensate AT LEAST $25/hr+. (Jobs in the medical field are always in demand.) Everything goes to plan, I'll be done with this degree plan by Summer 2021.

I will then secure a job that compensates well enough to take care of myself and save sufficient funds to start investing in RE. My savings goal is $20k-100k within 2 years (by Summer 2023). This will obviously require overtime and sacrifices within many areas of life.

During time spent in school and saving up I will also be studying various areas of real estate investing (buying right, strategies, building a team, exposure, learning from others' experiences, locations/properties of interests etc.)

I know it's brief, but with the information I've provided, I'd appreciate any feedback, constructive criticism, advice, and/or concerns.

Thank you for your time!

[Taylor L.]

I would add networking to your plan, as soon as you can and as much as you can, without interfering with your radiology courses. Get out there and meet successful investors so you can learn even more. 

$20k-100k is a huge range. If you're willing to, you could consider buying a place and renting out rooms to roommates. Fantastic way to get started and build your income streams. That is if you can stand living with roommates.