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Updated 12 months ago on . Most recent reply

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Drew Werth
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Young Investor trying to get experience

Drew Werth
Posted

I’m a aspiring investor. I’ve read around 20-30 finance books within the past year and I decided I want to become a real estate investor. The thing is the books can only get me so far. How would I go about getting experience at 14? I want to see how an investor would go about finding a deal, checking the after repair value, seeing if there is any issues, and finding good tenants.

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Nick Belsky
  • Residential and Commercial Broker
633
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Nick Belsky
  • Residential and Commercial Broker
Replied

@Drew Werth

Kudos to you!  As others have suggested, keep researching, reading, and even meet up with someone you know (friend or family member) that invests to see if they will let you shadow them through a deal or two.  Have them take you through the whole financial process to see how they determine the metrics and how they assess projects.  If you can find more than one person who will do this, that would be even better.  One thing I've learned over my life, is that I can see different people do the same thing very differently, but learn from them all.  

Cheers!

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Belsky Mortgage, LLC
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