17 year old beginner looking for information before college

[Spencer Willoughby]

Hello! My name is Spencer and I've been listening to the Bigger Pockets podcasts lately and learned about the networking and knowledge that is available on the forums. I was wondering if anyone would like to discuss a plan for someone who is not in college yet with a moderately paying W2 job (Minimum wage in Mass is $11/hr)  to begin looking at real-estate opportunities. I understand that being a minor is holding me back for now, however, I will be turning 18 in a couple months and would like to have somewhat of a plan. I plan on getting my real-estate license but will have limited use for it seeing as i'm so inexperienced.

Thank you, Spencer W.

[Jeff Filali]

@Spencer Willoughby That's awesome that you're motivated. My suggestion would be to get your license if that's the avenue you want to pursue, and learn as much as you can while saving up enough money to get started right. It doesn't take a lot, but if you live a frugal life even short term and save as much as possible, you will be so far ahead of everyone else your age, and it will create habits that will benefit you throughout life. 

I give this outline to a lot of people I mentor, some listen and some don't.  

Step 1: Get a job earning X amount of money

Step 2: Get a second PT job earning Y amount of money

Step 3: Get a third PT job earning Z amount of money

Step 4: Wake up earlier daily, grind as many hours as you can, go to bed, repeat...

Step 5: Figure out how to live off W (less then you earn)

Step 6: Open a savings account and put your savings into it (X+Y+Z)-W= S (Savings)

Step 7: Listen to positive people daily who are motivating. I would suggest Eric Thomas, Gary Vaynerchuk, Grant Cardone just to name a few I listen to daily. All these guys are very rich, but they didn't start off that way, they got off their butts and outworked everyone else.

Step 8: A few years from now, once you've grinded your butt off and saved as much as you can, you will be able to start investing your own money in real estate!!

No Free Rides!! To be successful in this life, you must be willing to put in the GRIND!!

Best of success!! Keep Grinding!!