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Updated over 5 years ago,
Renting out a house in my 20’s (I’m 16)
I am 16 years old and I would like to start renting out a house by the time I’m 20. I’ve listened to many bigger pockets podcasts, and I’ve received many opinions from my father but I’m am still confused. I want to get into the electrician trade to build up enough money for down payments on houses, and my dad says that it isn’t possible for me to rent out a house when I am 20. Could anyone give me precise steps on how I could accomplish renting out a house by 20? Do I need to go to school in real estate? How can I get a down payment on a house around 5%? Will tenants sign with me if I’m new/young, and if I don’t have a real estate degree? I just need help and tips because I can’t find much on the internet for younger people interested in real-estate and how to pursue that. Thank you :)