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Updated almost 9 years ago on . Most recent reply
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A roadmap as a college student?
Currently in my 2nd year at college, and I know that I want to do Real Estate Investing, with Real Estate Development later on. I've read a handful of books on Investing, worked at a property management company, and have talked to other investors in my area for a project I once did. I want this as my career, but I wanted to ask for help. I am a student, and don't see much of an opportunity to start investing until later on, once I graduate as I'll have saved money and be working a full-time job. What advice could you give me to help me prepare myself for investing?
I read a range of books (self-help, leadership, charisma, speaking and communications, entrepreneurship, technology, etc) along with the limited reading I do for Investing currently. I will be working on a 10 unit development project this summer, learning a general range of information on RE Development. Will work at the property management company for 2 months during summer, and will take my CA realtors test this summer as well.
Along with these tasks, are there things I should be doing currently or should plan to do in the future to better prepare me for Real Estate Investing? Thank you for helping if you can.
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Hi Garrett, I think you're doing everything right. I would network with as many individuals as I could at meetup events. Maybe form an LLC and build a business line of credit so in the future you have something ready for a few flips, then development projects, so on and so forth. Also, I would focus on finding quality people to build your team. I can see you're motivated so I'm sure you'll make it.