Teenager Wanting to Invest In Real Estate, Where Do I Start?

[Edrei Alaban]

Hello, my name is Edrei and I'm 18 years old. I'm still learning about real estate from podcasts, books, etc. I keep hearing that I need high savings in order to invest in real estate, (and I just started my first job so I don't have that) and from other sources, that I don't really need savings. I'm currently in a rut, wondering which way to go. I probably need to learn more about real estate. Do you have any advice for me? I would really appreciate it!

[Cory Lucas]

@Edrei Alaban congratulations and kudos! You are well on your way to financial freedom at only 18 years of age and thinking this way. 

My advice, and listen closely, if you follow this you'll be financially free much sooner than you think. HouseHack! Learn the ins and outs of it and start doing that and continue to do that to build up your portfolio if you can. You can buy up to 4 units as a personal loan vs a commercial loan and put down far less for a down payment. Ideally if you can find a duplex, live in one side, and rent out the other to get going. Do this every year to two years and in 10 years you could have up to 20 doors! 

Happy to help however I can and wish I would have been given this advice at a young age, I wouldn't be working for someone else still