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Updated almost 6 years ago,

User Stats

11
Posts
2
Votes
Gregory L.
  • TX
2
Votes |
11
Posts

Im 19 years old with $160k. How do I invest?

Gregory L.
  • TX
Posted
As i said I’m 19 and have $160k, I just sold a business and am starting up another business soon not related to real estate, but i also want to get into the real estate industry. I want to invest in multi-family, specifically mobile home parks, RV parks that i could turn into mobile home parks, storage units, and apartments, ive also looked into billboards but I know its extremely competitive and difficult. Single family is not appealing to me at all, I’ve found a mobile home & RV park near me that looks like a good deal and i have all of the data on it from coserv, but I need to speak to the owner because it seems like a ridiculously low price. I’ve listened to BP Podcast for close to a year and REI is what I want to do next, gotta start early though, right? I am going to start a holding company specifically for real estate, not exactly sure what type of RE to invest in, if I should seek partnership and go for a bigger deal, where could I learn the most about investing specifically in multi-family, any books I can read to expand my knowledge on the subject, any specific BP Podcast episodes that could enhance my abilities as well. Open to all feedback and all advice, I will stay as active as I can on this thread, thank you for all the advice before hand 😃

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