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 over 3 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Tyrus Lacey Jr
0
Votes |
4
Posts

I’m new to real estate, and I am eager to start investing ASAP

Tyrus Lacey Jr
Posted

I’m a 19 year old college student (soon to be 20), and real estate investing has been on my mind constantly over the past year. I’ve been reading books, listening to podcasts, joining webinars, etc. to educate myself as much as I can. I am eager to start investing, but paying for college is coming in between me saving cash for my first investment. With that being said, does anyone have any advice on what I should do? I’m unsure if I need to just focus on school now and switch gears after I get a career established, or if there may be another way to start sooner. I’ve heard about wholesaling, but I can’t believe that it’s really as easy as it seems. I also would like to find a mentor, but I’m not sure of where I could find one.

I would also love to hear about how you guys got started on your REI journey.

Most Popular Reply

User Stats

1,351
Posts
1,087
Votes
Josh Caldwell
  • Investor
  • Dallas TX, United States
1,087
Votes |
1,351
Posts
Josh Caldwell
  • Investor
  • Dallas TX, United States
Replied

Wholesaling is really as easy as it seems  A monkey can wholesale a house. It is the foundational piece of all real estate investing in my opinion. All you need is a purchase and sale contract for your state, and a willing seller.  If you do it correctly, you have zero risk. It gets better. you can continue to wholesale as you get into flipping or owning rental property. Wholesaling become the act of getting paid for properties that you dont want. 

You homework assignment is to start talk to sellers FSBO sellers. See what sort of deal you can get. Know that you will suck at this but practice builds technique

Go get em 

Loading replies...