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Updated almost 4 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Manuel Lomeli
  • Real Estate Agent
  • Detroit, MI
1
Votes |
8
Posts

Is college worth it?

Manuel Lomeli
  • Real Estate Agent
  • Detroit, MI
Posted

Hello, my name is Manuel, I am currently a freshman in college. I am on a scholarship which pays for all of my tuition. Right now, I am pursuing a bachelors in finance. I went into college pretty excited and after these 2 semesters I'm disappointed. The things I am learning do not interest me at all. I am not motivated. I'm getting a workload of homework every week and work on the weekends. I really want to start investing in real estate with the brrrr strategy. I am very passionate about real estate and the idea of building a portfolio. If I do end up dropping out I want to work at a local real estate brokerage that has hired family friends that don't have a college degree. I understand the benefits of getting a degree and having a good paying job but that's just something I do not want. My plan was to get a job to fund my real estate investing career but I'm basically not gonna be able to invest until a few years after I graduate. I figure I'd start working full-time now, save my money, and fund my first rental. I am educating myself as much as I can by reading books on real estate investing and hopefully joining a REIA in the summer.

Most Popular Reply

User Stats

98
Posts
31
Votes
Alyson Anderson
  • Realtor
  • Harford County, MD
31
Votes |
98
Posts
Alyson Anderson
  • Realtor
  • Harford County, MD
Replied

I am sure this is an unpopular opinion: Take advantage of college and enjoy it! Real estate is about building relationships and that is a great starting point.  I have a three degrees and the majority of my contacts are from my prior career.  I own several rental properties, have flipped houses and am a Realtor.  The time I spent in college and working a W2 job prepared me to be my own boss. I have learned what it takes to be a great leader, and not so great leader.  You always want a plan A, B and C.  Your degree will give you the confidence to take risks knowing you will always have companies to work for if need be.   

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