Very young and very interested in real estate!

[Benjamin Z.]

I'm typing this off of my smartphone so I apologize now for any spelling and grammatical errors. I got hired to work for a friend of mine for a week out in the middle of nowhere and forgot my laptop.

Anyway,

I would like to start by saying that I am 18 years old and will be starting school.at a local community college in about a month (I wanted to save some cash and not get thousands of dollars into debt immediately). My parents want me to go to a four-year university after this year. However, I do not. My parents want me to get a degree and would like me to be a journalist, a career I no longer have interest in.

Personally, I want to begin my career in real estate ASAP. A degree in my opinion is just a $100,000 piece of paper that really won't help me as much as actual experience would.

This brings me to my first question: is college worth it?

My parents certainly believe it is but a few people I've spoken to have given me a very different opinion.

Moving on,

My dream is to become a landlord and own several properties as well as possibly buy out or invest in several different companies in the future. To start, I've been wanting to buy a cheap $20, 000 home and rent it for $1000 a month or so. Paying for the mortgage with the rent and saving the rest of it up for a second investment.

I've begun to debate how good of a plan that is after reading around a bit here on BP and would like to hear some advice from many of the succesful people on here.