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 almost 4 years ago on . Most recent reply

User Stats

10
Posts
4
Votes
Kyle R Vreeland
  • West Milford, NJ
4
Votes |
10
Posts

Early stages of investing, looking for advice for beginners

Kyle R Vreeland
  • West Milford, NJ
Posted

Hi everybody, I’m a 22 year old looking for general advice to guide me in the right direction. Ive been interested in real estate for some time now and I decided that this is something I’d really want to pursue in the near future or as soon as possible.I currently work full time, and I’m having trouble finding a direction to go financially to fund my first deal. I currently am paying off student debt ($6500) which I feel is holding me back. Is it possible to start investing now or would it be a good idea to wait and pay off my debt first ?! Any advice would be appreciated, thank you !

Most Popular Reply

User Stats

869
Posts
920
Votes
George W.
  • Investor
  • New Jersey
920
Votes |
869
Posts
George W.
  • Investor
  • New Jersey
Replied

When you say start investing now what specifically are you looking to do? Buy & hold? Flipping? Brrr? House hacking? Wholesaling? 

There's alot of diffrent avenues you can go investing in RE. 

I'd recommend to continue learning about investing and pay off debts but more importantly acutally save money. Figure out a monthly budget for yourself and start paying your savings account like it's another bill every month. If you analyze your spending habits, there is almost always a category where expenses can be cut easily to fund your "monthly savings" bill. 

Loading replies...