Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

3
Posts
5
Votes
Danny Keating
  • Chicago, IL
5
Votes |
3
Posts

What is the best advise you could give to a young investor?

Danny Keating
  • Chicago, IL
Posted

I’m 17 right now and am new to this platform. I’m trying to learn as much as possible about real estate investing so once the time arises, I can dip my toes into buying property and earning passive income. What’s the single best lesson you got while investing or mistakes you made along the way that you think would be important for any young investor to know. Thanks!

Most Popular Reply

User Stats

299
Posts
299
Votes
Mack Benson
  • Rental Property Investor
  • Woodbury, MN
299
Votes |
299
Posts
Mack Benson
  • Rental Property Investor
  • Woodbury, MN
Replied

The best advice I didn't get is that there are alternatives to using your own money for down payments. This coincides with the worst advice I got in that I need to have 25% down to buy an investment property. I got that worst advice when I was about 19 and it wasn't until I was probably 36 or 37 before I discovered there are alternatives. I could have saved myself almost 20 years if I would have looked outside the box back in the early 2000's. Surround yourself with people who are doing what you want to do and learn from them.

  • Mack Benson
  • Loading replies...