Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Kaven Melton
  • Carrollton, VA
0
Votes |
1
Posts

21 year career firefighter looking to make the switch to RE !

Kaven Melton
  • Carrollton, VA
Posted

Im 21 years old and currently a firefighter in the Hampton Roads area Va. Im looking to getting my RE license the beginning of the year? Any guidance, Do or Don'ts. Just looking to see what you guys would have done different or have done starting at my age in the game. When selling real estate i would love to reach out to buyers my age who understand the investment of owning a home and wanting to have young people well educated on the process of buying home and understand there long term investment. 

Most Popular Reply

User Stats

655
Posts
900
Votes
Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
900
Votes |
655
Posts
Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
Replied

@Kaven Melton

Hey Kaven welcome to Bigger Pockets! You are the perfect age and have the perfect profession! Here is an outline for you:

1. Max your deferred comp every year

2. Work as much OT as you can and put every penny of OT away in an account

3. Live off the money you make without OT (make sure you can live off of the money you net without OT) In plain language this means don't go out and buy jet skis, a boat, a BMW and a time share in Cancun.  

4. Live in the most modest place and drive the most modest you can that your lifestyle will allow

5. Make sure to build and protect your credit (pay your bills on time no matter what I don't care if you have to starve never make a late payment)

6. Get educated here on BP and learn the many vehicles you in your real estate investment journey

7. Read financial literacy books- The richest man in Babylon, rich dad poor dad, and your magic power to be rich

8. Attend some local Real Estate Investor meetups 

9. Figure out your plan, check it twice, check it three times then get on your way

10.  Don't rush, Don't be impatient, but be prepared for when the deal falls into your lap

Life is long and your career choice works well with investing in real estate.  In 20 years if you follow these guidelines you will not want for anything. Believe me it works!!!

Good luck and if you have specific question DM me and I will try my best to answer them.

Loading replies...