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Updated almost 4 years ago on . Most recent reply

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3
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Jacob Adrianson
  • Houston, TX
1
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3
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Where do I even start ?

Jacob Adrianson
  • Houston, TX
Posted

Hello everyone I am 18 years old and have worked in the past for a property management company as a handy man for about a year doing basic repairs and turns (full remodels). I’m curious on where to start I want to buy a rental property somewhere down the road and build a career around real estate it is something i’m passionate about and, I would like to learn from people that have experience in this field. So if anyone could let me know how to get started and what books to read I would greatly appreciate it.

Most Popular Reply

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259
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143
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Davartay Miller
  • Architect
  • Memphis, TN
143
Votes |
259
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Davartay Miller
  • Architect
  • Memphis, TN
Replied

Awesome story! I actually started as a project manager with our company years ago. I was responsible of overseeing projects from start to finish. In that same role, my goal was to be sure that our company was providing our customers, team, vendors, and clients/investors with a product that was superior. Chasing perfection! I tell you all that because Jacob I too started at an early age and I was hungry and after it! You have many years ahead of you and the questions you pose are all great. 

First, I would say definitely keep reading and determine your goals. It's easy to have a passion but real estate is a business that can be very different city to city (hence: many investors have different goals, type of investment properties, and all in different or similar cities that aligns with their expectations). 

Secondly, all advice is not good advice. Meaning quality over quantity should be important. While it is awesome to own numerous properties, if they are all bad rehabs and poorly managed this could cost you more money than anticipated. 

Finally, being here on BiggerPockets you will learn so much from others whom are also in the industry. While we all may have an opinion on the route you should take, I would suggest you do your research on companies and see what services they offer. This would help you see the differences in Company A versus Company B. 

Book Recommendation: The Turnkey Revolution: How to Passively Build Your Real Estate Portfolio , by Christopher D Clothier 

If I could be of any assistance, please do not hesitate to reach out. 

Best of Luck! 

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