Investing in Real Estate in College

[Ben Morand]

Hey guys!

My name is Ben Morand and I am currently a second-year finance student at the University of Florida. I have previously read Brandon Turner’s books on Rental Property Investing, on Investing with No/Low Money Down, and on Property Management. I feel ready to try to get started, but I am currently in college and do not have a steady source of income.

Would you guys recommend that I wait until after college when I get a job to start even trying to get into it? I know it can be incredibly hard to get any sort of loan without steady income, so that plays a factor. If you do think it would be fine to get in soon, does anyone have any strategies for going about my first rental property? Or even better, if anyone else has began to invest in Real Estate while in college (I already have invested in various REIT's so I'm more so talking about real property)?

I feel a bit anxious because I know I am ready to branch out into taking action (I have read several other books as well and listened to a variety of podcasts) but I don’t want to do so and get myself into trouble financially if things don’t work out 100% to plan.

If anyone has any advice on this, feel free to share! (If it helps, I have never missed a credit card payment and my credit score is ~750 so I have a decent record in that regard. Just not a lot of time with a card as I’m 20 years old right now.)

Thanks so much!