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Updated over 1 year ago on . Most recent reply

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826
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1,054
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Noah Bacon
  • Property Manager
  • Lansdale, PA
1,054
Votes |
826
Posts

How old were you when you started?

Noah Bacon
  • Property Manager
  • Lansdale, PA
ModeratorPosted

There is no right answer to this question! Some investors have the resources to get started at a young age and others get started closer to retirement. A lot of times I hear investors become landlords by accident, and there is no shame in that! If you can go back in time, how old were you when you started investing in real estate?  

How did you get started?
If you could go back, what would you change?

I started my investing journey when I was 22 years old, and have already learned numerous expensive lessons in my short career. I'd love to hear your stories from various timelines of when you started your investment career!

25 or younger
26-35
36-45
46-55
55 or older

Most Popular Reply

User Stats

607
Posts
221
Votes
Peter Vekselman
  • Real Estate Professional
  • Atlanta GA
221
Votes |
607
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Peter Vekselman
  • Real Estate Professional
  • Atlanta GA
Replied

started around 30.  biggest mistake i made is relying upon other for all my decision making processes.  realtors for values, contractors for rehab numbers, lenders for terms, et....

what i did not realize is all of them were looking at me as a paycheck.  non of them were on my side.  by the time i found out, i had already purchased 6 houses.  in the end those mistakes set me back 3 years in this business.

knowledge and ability to execute are 2 key components you absolutely must have in order to be successful.

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