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Updated about 7 years ago on . Most recent reply

User Stats

7
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0
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Byron Bailey
  • Dallas, TX
0
Votes |
7
Posts

Full time student, no W-2 job but want to start investing

Byron Bailey
  • Dallas, TX
Posted
I am a new disciple of Bigger Pockets. I am new to real estate investing so I am in the education phase (reading books, following BP forums, listening to BP podcasts/webinars, etc.). However, I want to start taking action. I want to start investing in real estate. Preferably buy and hold SF (for starters), but open to learn about wholesaling and flipping. I am a full time law student in the Dallas Fort Worth (DFW) area therefore, I do not have a W-2 job which would make it near, if not completely, impossible to get a bank loan. Question: What do you all suggest I do to get started in real estate? Or what should I be doing now? (And any other advice you would give someone in my position)

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User Stats

263
Posts
186
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Ryan Cox
  • Investor
  • Austin, TX
186
Votes |
263
Posts
Ryan Cox
  • Investor
  • Austin, TX
Replied

@Byron Bailey I would look to intern with a real estate law firm and put your law degree into action.  Real estate attorneys help minimize risks, maximize returns, advise on property taxes, understand tenant rights, implications of lease agreements, etc., etc.  Understanding the legal components of real estate transactions will give you an edge on your competitors.

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