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Updated over 9 years ago on . Most recent reply

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4
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Jackson Maitner
  • Grand Rapids, MI
2
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4
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I am 16. I want to invest in Real Estate. Where do I start?

Jackson Maitner
  • Grand Rapids, MI
Posted

I am 16 I have $1000 I made this summer. Currently I have all of this money in a stock trading account. I have been trading for a few months. It is not for me. I want to do real estate. I want to do it now. Where do I start with the money I have? What investments would be good for me to achieve my overall goal of a Ferrari?

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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Welcome to BP @Jackson Maitner 

Real estate is not a get rich quick game. It is a get rich slowly and consistently game. The best way to lose that $1000 is to be in a hurry.

Take time to learn the business, learn how to evaluate deals and learn your market. You can do all of that for free. and most of it right here on BP

  • Ned Carey
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