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Updated about 3 years ago,
Noob Looking for Insight from Experienced Real Estate Investors
Hey experienced real estate investors!
I'm caught at a crossroads and looking for some guidance. Scenario A and B are the 2 paths I believe are the best options I have for getting into real estate. Is there another option I'm missing? Your wisdom is much appreciated 🙏🏼
In scenario A, you choose to spend the next year going college to finish your degree and get a good paying job with long hours that allows you to buy a rental property within a year but you have never had a mentor so you're making mistakes along the way.
In scenario B, you leave college with only having 1 year left to start working to save your income. Meanwhile, working under a mentor for free and learning the experience firsthand so in 3 years when you get your first rental property. Because you learned from your mentor for the last 3 years, the experience of being a landlord was an easy transition and hit all your expectations.