Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

21
Posts
9
Votes
Logan Taylor
  • Specialist
  • Waco, TX
9
Votes |
21
Posts

Where would you start if you were 19?

Logan Taylor
  • Specialist
  • Waco, TX
Posted

Hello,

I am a 19 y/o from Texas currently in my first year of college working towards a finance degree... Im very interested in real estate and the endless possibilities included in the business. I have been heavily researching the business for roughly 2-3 months now. I want to ask investors what you would do if you were in my shoes.

What would you do if you were 19 and heavily interested in real estate? Any responses help, just looking for some words from the wise.

Most Popular Reply

User Stats

747
Posts
831
Votes
Brandon Rush
  • Real Estate Agent
  • Portland, CT
831
Votes |
747
Posts
Brandon Rush
  • Real Estate Agent
  • Portland, CT
Replied

Logan! You are in the right place. Here are a few options for someone your age:

* Work a W2 job for two years to build up work history, making yourself eligible for a loan/mortgage. That first property I would recommend being a house hack. Its such a great way to start.

* Do not start chasing the "American Dream" of a nice house, car, dog, pool and all that junk. Its all a trap which is hard to get out of once you get started. Read the book Set For Life by Scott Trench, its perfect for someone your age. As important as real estate may seem, your personal expenses and lifestyle are even more important.

* You could look into wholesaling properties now. Its a low cost of entry compared to buying properties and would allow for you to build up some significant money.

* You can offer to volunteer your time in a real estate related career such as a realtor's office, construction company or a property management company. You will build very good relationships and gain lots of hands on experience which will give you a head start.

Good luck Logan and let me know if you have any questions.

Loading replies...