How to start at age 20?

[Bryan Hernandez]

Hi everyone i'm Bryan and I just joined biggerpockets while reading Rental Property Investing by Brandon Turner and been amazed by all the great people who have the same vision as I do and realized I have so much to learn. I'm 20, form south Texas in the Rio Grand Valley and was wondering how I could get started in an area similar to mine? 

[Benjamin Seibert]

@Bryan Hernandez I was in your shoes a few years ago. Here are the steps I'd recommend:

1) Keep learning. Read more books, use the BP site and learn how to analyze properties and what a good and bad property looks like.

2) Define your purchase criteria (turn key, BRRR, what markets, etc...)

3) Look at your finances (can do this early on) and see where you would like to be. Pay off debt first, save a safety fund and then save some money for investing - some books will say you can invest with 0$ but you'll likely need some money to invest beforehand.

4) Build a team. Get a solid team in your desired market (lender, agent, contractor, insurance agent, PM, etc...)

5) Start investing

The big thing is to keep learning but make sure youre taking actionable steps along the way to make sure you're progressing towards purchasing a property. It's better to take time, learn, solidify your finances and purchase a GOOD rental property. Than rushing into it and buying a BAD rental property and running into finance problems and big headaches of investing.

Goodluck on your investing journey!