General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 3 months ago,
Here is my situation... where do I go from here?
I am 17 years old, I have no debt, and I live rent free with my parents. I have $10,500 to my name and want to invest it and put my money to work; however, I don't mind spending a few dollars on a reliable course or towards my financial education. Not sure if this is necessary but I have my own landscaping business that I work for making me self-employed or in the "S-quadrant" of "The Cashflow Quadrant". I am here seeking professional advice from someone who has walked the walk and can guide me where to go from here.
Some of my goals are listed below:
My main goal at the moment is to find assistance in forming a financial plan with the help of a mentor.
My other goals once I have established a plan:
- Short Term: "I will obtain a cash flowing real estate property within the next year.
- Long term: "I will have more than or about 5-10 cashflow producing assets making me 5-10k a month in profit.
Some questions I have once I find a reliable mentor are:
- What is the best way I can invest my money?
- Should I go to college part time? What are the advantages and disadvantages of going to college or not going to college for someone in my situation?
- Any feedback on my goals? Any goal setting strategies that helped you?
- What are the benefits of a real estate license? Do I need one? Should I get one? When should I get one? How do I get one?
I know this is a lot, and I do not expect a reply that replies to each thing I mentioned... although that would be nice. If there is any needed information in order to help me that I left out, please mention it. Anyways, to sum everything up, I need a mentor.