Soon to be College Grad, Where do I start investing?

[Account Closed]

I want to make sure I start my investing right. What should be my first step to investing in real estate? I'm 21. Am I too young to get any respect in this area?

[Brad F.]

No, you are not too young. I started at 23 and am 24 now. In my experience, people will be surprised and not take you seriously at first. Once you can get some rapport with people you interact with, I think there is more respect given to you because of the fact that you're starting so young. Ultimately, knowledge is power and you can compensate with your lack of experience by learning more, faster about what you want to invest in. Leveraging the experience on this forum to start would be a good idea.

If I was to do it over again, I would start by buying my first, primary residence as a multiplex, three or four units. Not only does it let you live for "free", but you get property management experience as well.

And - make sure your credit is pristine.