I’m 16 and I want to get into Rentals

[Ryan Nannen]

A few months ago my grandpa told me about BiggerPockets and since listening I’ve been hooked on getting into renting. Since I’m 16 and I understand that it’s probably not the easiest thing to get into and I was wondering what advice you guys had for younger people who are trying to get into renting. I need help with pretty much everything so any advice helps. Thank you for the help. 

-Ryan

[Jared Whitinger]

@Ryan Nannen

From someone who is still very new to real estate at the age of 21, here are a few tips that I would recommend:

1. Read financial and real estate books. I recommend reading Robert Kiyosaki books. One real estate investor I would recommend is Rod Khleif. He has a ton of free pdf books on different parts of real estate and a great podcast called Lifetime cashflow through real estate investing.

2. Find other real estate owners/investors in your area. Build relationships and create value for them in some way

3. Find a job in the real estate industry. Property management, leasing agent, real estate agent, broker, etc. Might be a little tough at your current age but will be a good stepping stone.

4. Goes along with #3 but save money. If you have a job right now, start putting some money aside in a different account to save and eventually invest.

Always be willing to learn and get better. Real estate is not a get rich quick scheme, play the long game and you will win.