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Updated almost 11 years ago on . Most recent reply

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Shawn McMahon
  • Northglenn, CO
3
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23
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New Member from Boulder, Colorado

Shawn McMahon
  • Northglenn, CO
Posted

Hello BP!

I am a senior at the University of Colorado looking to get into real estate once I leave school. I am wondering how to get started having little cash and little experience. I am looking into the buy and hold niche but I am also considering wholesaling to gain some capital for my first rental. At this point most of my time is devoted to studying. The Beginners guide on this sight was a good start and the podcasts have also been helpful too. I eventually want to find a mentor to help guide me through the process, but I have had little success networking at local REIA events, most likely because I am young and seasoned investors just dont have the time deal with every newbie that comes and goes. Which is understandable.

Since my current job doesn't pay great, I am seriously considering getting my Agent's license so I can learn the business, have access to the MLS, and make some extra cash to finance my rental properties down the road. I heard many people on this site advise against this but I want to know your thoughts.

The BP is a great resource and I am glad to be apart of the community.

Shawn

Most Popular Reply

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Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
5,816
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Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Replied

And that's the power of BiggerPockets, ladies and gentlemen . . . read the above two posts and see why there's no where online like BP!

@Shawn McMahon - Welcome to BP! Take @Anson Young up on his offer . . . he and I are actually grabbing lunch today. Don't let the age thing stop you. People like @Brandon Turner and many others started investing while they were young -- you can too. Good luck!

This may help:

How to Start Investing In Real Estate at a Young Age (or a “Young at Heart” Age)

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