Teenage Obsession With Answers Needed!!

[Apostoli S Hillas]

I am a teenager who is in dire need of help before I decide my future!

I do plan on going to college at the University of Utah as I have excelled at school and am going to pay for college with scholarships and parental aid. Although I plan on going to Law School, I really want to start real estate investing as soon as I can which is probably before I graduate. I would really appreciate some advice on my college pursuit and if there is a better suited degree that will actually help me in my real estate desires (more than a JD). Also I am curious if there are any real estate related jobs out there for me, as a 17 year old, to gain knowledge in the game. Although I do plan on getting a mentor, I would like to have a job, mentorship, and college pursuit that could help me get ahead in real estate early. Any feedback, positive or negative, but honest, will be very appreciated and personally acknowledged.

Another problem I am starting to run into is getting started in investing in real estate as an 18 year old. I know what area of real estate I want to pursue already (rental properties), but am unaware of what steps I need to take to being able to purchase my first rental by the time I am 20. I already read books, listen to podcasts, help my dad with his real estate, etc.. but I need to know the more technical details of getting started such as raising my credit, qualifying for loans, potential tax deductions, and any thing else I should know to be qualified to invest in my first property. So I would also really appreciate any tips on what I need to start doing now to be ready to invest in the near future. 

Lastly, for my AP Research class for high school, I am required to conduct my own research and come up with a new solution/idea of any research topic of choice. I am going to be spending a lot of time during and away from school, so I want to focus on a business or real estate related topic that will actually benefit me for my future. If anyone has any problems they constantly run into or know of suggestions for a research topic, I am open to listen.

Thank you for taking time out of your day to read my post! Again, any feedback, positive or negative, but honest, will be very appreciated and personally acknowledged!

-Apostoli Hillas

[Filipe Pereira]

Hi @Apostoli S Hillas, 

First off, you should check out this post. It's kinda sorta similar to yours, and there's some usable advice there for you: "Real estate investing. I am 19 year old with $20,000."  https://www.biggerpockets.com/...

@David M. posted really solid advice above, and it would be wise for you to read that post over a few times. 

As far as this:  "I need to know the more technical details of getting started such as raising my credit, qualifying for loans, potential tax deductions, and any thing else I should know to be qualified to invest in my first property."

They really should teach this stuff in school, but they don't. 

It's a lot of information to type out, but I'm happy to get on a call with you and discuss. Basically it comes down to having the income, credit and debt to income rations necessary. Banks care little about the rest if those 3 things line up. 

Best of luck, go get'em dude!