I’m 18 and super interested in making first steps

[Riley Huseby]

Hey everyone, I’ve been working at my w2 job and started obsessively listening to the bigger pockets podcast as well as many others and realized how much potential this field has. If anybody has any tips for me to get started I would greatly appreciate it, I have 5-10k cash as well as potential investor cash up to 100k. A little about me, I’ve been a businessman sense as long as I can remember, I was selling pebbles at the end of my driveway at 4 years old and had made 3 small businesses and was hired by 3 other w2 jobs by 15. I know I have the drive for this competitive market but it’s very scary working with only investor money, and not having a decent backup for emergencies. One of the HUGE positives I have right now is that I have 0 debt, 0 cost of living, supportive parents, and an insane drive to retire early and not get dragged into the 9-5. I have college this fall but was thinking about buying/seller financing a college house in a pretty stacked housing market and hiring a property manager. 
Hope everyone is doing great, and thank you to those who comment!

[Jimmy Bostic]

@Riley Huseby good stuff. I think it would be very advantageous to buy a house near campus to house hack. I'd personally look for a multifamily, since you'll see better returns (I just don't know the market/how far your money will go their). But campus areas are provide secure cash flow and appreciation so I like where your heads at. 

Depending on your credit score/years of W2 employment you might be able to secure a loan by yourself, but at 18 I'd advise cosigning with your parents. It also might be worthwhile to work with investors in your area to find off-market deals (just a thought).