Cheapest way to start real estate at 19?

[Mace Moseley]

I just became of age to get my real estate license. I really want to start working in real estate. I was wondering where and how I should start in the most cost affective manner.

[Tanner Crawley]

@Mace Moseley
I think it is ridiculous people are saying you can't be successful as an agent because of your age. I do think you will probably have to adopt a different strategy. I would try educational content-based marketing focused on first-time homebuyers. Younger folks (AKA first-time buyers) have strong exposure to social media and that is where you can focus. These people will likely be younger and might view your age as a positive. Familiarize yourself with down-payment assistance programs, first-time homeowner programs, and the cheaper end of housing stock. If you can clearly communicate your expertise through video and written content I don't think your age will be an obstacle.

That being said many agents fail and it will certainly be harder for you due to your age. Also the longer you take to generate significant income the longer it will take for you to acquire properties. Most lenders require 2 years of self-employment income and honestly it will probably take you several years to achieve a strong income from RE brokerage alone. This could mean there are 4 more years before you make your first purchase.

If I were in your shoes I would still become licensed for my own personal use and as a potential side income. I would find a full-time job around the industry that pays you a salaried wage that you can use to qualify for a mortgage now so you can begin househacking. The more you are around the industry the more organic opportunities you will get. 

I agree with @Bruce Woodruff in that any construction experience is a HUGE VALUE. In many markets, there is lots of aging housing stock that needs significant repair/rehab. If you can speak to these items that is a huge-value for your clients.