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Advice that you wish you wouldve known.
Hi everyone.
I've been constantly listening to the biggerpockets podcasts and I have one question that I havent heard them answer. Its this:
What is a good starting job to really develop talents for real estate investing? Also, what is a good major in college?
Some background: I just finished my freshman year and my dream is to be financially well off and have passive income replace my job. I dropped engineering my first semester and am setting my eyes on a finance degree. I'm looking towards the future and am trying to get the gears moving to acquire my dream. That being said, what advice to you guys have for me as an incoming sophomore in college?
Thanks guys.
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Great question! I personally would say anything in sales would give you a great foundation to getting involved in real estate, it's a relationship game as many will say. You have to be able to connect with others a provide a solution that will work for the both of you, which I believe is what sales revolves around. I got my degree in finance and I believe it greatly helps me with real estate, however, by no means is it necessary. I could've easily learned everything on my own in regards to the financing/running the numbers/different metrics/etc. As for you being a sophomore, meet with as many people as possible and learn everything you can, as well as don't think you can't get approved for a mortgage right now. It is possible to get started even without W2 income, just have to get creative. Best of luck to you man!