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Updated over 3 years ago on . Most recent reply
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Jobs to start investing
Hey y'all,
Looking for community advice for all of us youngsters who have a desire to get into real estate investing. I'm sure my position is similar to a few out there so hopefully someone else can find this and get some help too.
Im 20 years old and have been reading and learning a lot about real estate investing. I get a lot of the late term end game strategies. The end goal would be value add apartment investing and long term cash flow apartments .
The big issue with all of us starting out is how to start. There are a million ways to start but almost anything requires at least a little bit of investing capital. For those of us that dont have any money right now, what job would you suggest that would allow us to get experience while being paid? Or find the best paying job in the short term to get into investing asap?
Would becoming a realtor be a viable income strategy to dump into properties? Or does property management give you a better picture of the back end tasks and more of the everyday operations of how a property makes you money? Or would it be home inspection and being able to identify investing potential when you search out deals?
Once we get the ball moving more things will open up and we will quickly make more and more investments, but whats a great step from nothing to investor?
Thanks a ton!
Bradley Griffin, UT
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- Property Manager
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Becoming an agent only helps if your broker, or other office mentor, is involved in real estate investing. Otherwise, you just learn how to list & sell houses with owner-occupants.
Working at a PMC will show you more of the ropes of landlording and whatever else they do.
- Drew Sygit
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