Dropped Out of College

[Jalen Chanthaboury]

Greetings BP,

So I’m 19 years old, from the Chicagoland area and I’ve decided to drop out of community college couple of weeks ago. I realized that a traditional education wasn’t for me and it would hold me back from achieving my dreams.

I am now educating myself on real estate investing everyday and pursuing entrepreneurship full time. I currently run an e-commerce store that has been profitable from the jump (looking to build more) and I’ve got one wholesale deal under my belt.

My goals right now are to own a few cash flowing rental properties and complete a couple of fix and flips to raise capital. I am looking to build long-term wealth through real estate.

I CURRENTLY need help/advice on:

-Raising capital for deals

-Learning the art of acquiring properties with OPM

-An efficient way to find great deals

-Looking for potential investors with the funds to partner up for future deals (Ex. I find the deal and I present it to an investor looking to split profits if it makes sense)

Any help would be much appreciated!

[Eric M.]

Please reconsider putting away your need for instant gratification and speedy fulfillment of your dreams and go back to school. Going to community college in no way prevents you from investing in real estate at the same time. Claiming it blocks you from achieving your dreams is a false rationalization to quit something that you don't find fun or see the point of in your 19 yr old wisdom. I know this because I did it too.

Life is long. You will appreciate the knowledge and the experience of going to college and FINISHING later.