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Updated almost 2 years ago on . Most recent reply

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Gavi Balsam
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5
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Preparing to get into Real Estate

Gavi Balsam
Posted

Hi everyone! 

I am a 17-year-old senior in high school, I've been learning about Real estate investing for about 4 years now by reading books and watching podcasts. I am taking a gap year next year and going to University the year after which is when I'd like to start investing. I'm hoping I can get some advice about how I should be preparing to get into real estate as a young person in my situation. I am planning on getting into multi-family and my University is in New York.

 I have a little over $10,000 saved up so far. I am going to get a credit card so that I can get an excellent credit score by the time I'm ready to get a loan. I plan on working during University so that I have a reported income. Besides saving up more money and learning as much as I can, how else should I prepare? 

I appreciate any advice you guys can give me!

Most Popular Reply

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135
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Joshua Filkill
  • Rental Property Investor
  • Columbus, OH
160
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135
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Joshua Filkill
  • Rental Property Investor
  • Columbus, OH
Replied

@Jordan Alexander The Craig Curelop book is great, @Gavi Balsam You should read it if you haven't already. 

Besides education and saving you should network as much as you can. Go to local meetups and meet investors, investor friendly realtors, lenders, etc. That way when the time comes when you're ready to house hack you'll already have a team together.

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