Updated over 4 years ago on . Most recent reply
New Member Just starting out
I am 17 years old turning 18 soon. I want to get started into investing in real estate any way I can. Is wholesaling a good way to start? I've listened to tons of podcasts and obviously still learning how to understand what even is being talked about half the time. I'm from Utah and would love to get in contact with people who could give me advice.
Most Popular Reply
- Real Estate Broker
- Cody, WY
- 41,494
- Votes |
- 28,239
- Posts
@Ashtyn Stevens wholesaling requires the ability to find and negotiate good deals. To be honest, that will be very difficult to do as an 18-year-old with no real estate (or life) experience. If someone your age came to me to talk real estate, I wouldn't give you the time of day. I'm the same way with licensed agents. Who would you rather buy a car from? A 45-year-old salesman with a new F-150 or the 18-year-old that rides a bike to work?
My recommendation is that you read some books until you have a foundational understanding of the language and how real estate investing works. The second thing is to look for real estate investor groups where you can learn from people that are actually doing it and possibly find a mentor. There are a lot of good articles on BP about how to find a mentor and it would be wise to read up on that and put in the effort.
- Nathan Gesner
