Starting RE investing with little knowledge/money

[Hunter Keil]

Hello all!

I’m currently going down this rabbit hole of learning about real estate investing and flipping homes. I love residential construction, and it’s been a dream of mine to start owning property and achieving financial freedom.

I’m 23 years old, no college degree, and I recently started a job as a project manager for one of the largest home building companies in Michigan. It’s been an incredible learning experience, but I can see myself getting stuck in this 9-5 job, especially once I have more and more bills. So I think it’s best for me to start young and at least get my feet wet.

I have almost zero knowledge on buying and selling property and little cash saved up. So I’ve already started listening to the BiggerPockets podcast, which is awesome. And I’ve set up a meeting with someone who does this for a living. 

The reason I’m writing this, is to see if some more experienced RE investors could give me some helpful advice as to where I can start. I have a partner who’s my age and also knows very little. But I have the building skills, and he the financial skills.

What’s our best way to start this? I’m nervous to quit my job, because I need money to pay the bills, but I know this isn’t easy and requires a lot of attention and energy. How can I do this on the side, and then later decide to put full time to this dream?

Thanks! Excited to hear from this community!