HELP

[Jordan Santiago]

How does a 19 year old get started in real estate investing in expensive New York City? I know most people will say "Get a job!". I recently just quit mine, a 9-5 just isn't for me. Having a boss just isn't for me. Any advice, help, suggestions? Thank you.

[Christine Kankowski]

Well.... That's kind of like saying how do I become a top-paid actor... There are a few lucky people that make it from nothing, but most people need to do that work, do the research, get the education and the training, etc to make it.  Most people need to start small, learn from mentors, learn from their mistakes, etc. 

I think you need to rethink not having a boss.  If you get any job in the real estate business, treat it like an education that you are getting paid for.  It doesn't matter if you are showing homes to potential renters, or doming move out inspections, these are all things you need to understand before you go out on your own.  

Once you know enough, you will be your own boss, and you will be tougher on yourself than any other boss. You will get up early and work weekends when you have to , to get the job done.

If you've got some savings, and really want to invest, start small: midwest maybe.   maybe you are like Trump and can Ask dad for a small million dollar loan to get started.  Unfortunately, that was not the case for me.

Maybe get your real estate license. It's actually not that hard and will give you some creditbility out there. I would also take a marketing class or two.  I do wish you the best of luck.  Real estate is a great business, but its not as easy as the tv shows make it appear.