Is it smart to drop out of college and invest in rental property

[Account Closed]

Guys I don’t think school is for me and I really want to invest in multi family. I don’t have much money but do you guys think I should drop out of school and just start investing? What do you guys think

[Chris Coleman]

@Mamadou Diallo you need a way to earn income. How are you going to invest in RE without income coming from somewhere?

If it’s not a college degree career, then find something that is a skill that will pay you a regular income. Then you can take a portion of that income and invest to continually build wealth.

At some point, then you will be able to be a real estate investor full time from the income being produced by your investments. Keep in mind, this is not just about having the money to do so, but it’s also about the time to gain the knowledge and experience you need to do so.

But you have to get there first. And while you’re getting there, it’s far better to have a career or steady skilled job that is paying you a steady income.