20 Year Old Interested in Real Estate!

[William Kwan]

Hey everyone, my name's William and I'm interested in learning and getting into the real estate space. Newly 20 years old and I have some experience with some small "businesses" like dropshipping and sneaker reselling. I've heard about and been interested in real estate ever since I was a kid, as my parents always told me that it's a really good way to earn income. My main goal here is to connect with people who are new like me as well as connect with people who can help guide me so I can start entering this space soon. Nice to meet you all.

[Daniel Haberkost]

@William Bentley welcome to the forums William, networking is a great idea when getting started, I'd recommend attending local meetups (check on BP/Meetup.com to find them). If you can find an experienced investor who needs help in their business (and fill their need) that can really help kick start your RE investing career. 

@Nathan Gesner hit on most everything else I wanted to say but I especially want to emphasize the importance of #2! Trying to build a portfolio with a marginal income, little reserves and maximum leverage is a great way to lose everything come the next recession. Learning how to make a substantial income makes investing much easier! 

Once you've learned a bit more and gotten your finances in order, house hacking is one of the easiest ways to get started. It's completely doable to buy a house that cash flows while you live in it which quickly accelerates one's wealth building!