Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Camille Frederick
  • Hollywood, FL
4
Votes |
11
Posts

where to start in real estate investing

Camille Frederick
  • Hollywood, FL
Posted

Hello everyone, I'm eager  to start investing in real estate,  I'm 21 and wanted to begin my lie and stop living off my parents and hopefully one day soon take care of them . The problem is I have no idea where to begin!!! I learn bits and pieces off the internet and books but Its all confusing to me. I even looked into a couple  mentoring programs. ONE worth $50,000 and another local program worth $25,000. I know I could do it on my own but I do not have the knowledge,money, the  credit "good enough"  to do so. 

Most Popular Reply

User Stats

50
Posts
37
Votes
Anish Patel
  • Investor
  • Hummelstown, PA
37
Votes |
50
Posts
Anish Patel
  • Investor
  • Hummelstown, PA
Replied

@Camille Frederick  You don't need any mentoring programs.  All the info is free.  Just need to seek it out and want to learn.  My steps

Step 1 - Listen to all the bigger pockets podcasts from day 1 and continue to be confused on where to start. Its a lot of info to digest, but lots of good knowledge.  Read books that they recomend on the end of the podcasts

Step 2 - If you don't know where to start, no worries, get a job and start saving some money.  Preferably a job that teaches you how to fix things in homes so you can get some knowledge and build some contacts with contractors.  Take some classes on plumbing or electrical or HVAC etc..

Step 3 - Find your first house hack.  Get a traditional 30 year loan, put as little money down as you can.  This is the cheapest investment money you will ever get.  Find a fixer upper, duplex etc.

Step 4 - Try to find ways you can be valuable to people in the real estate industry.  Seek out people and ask them.  "Is there anything I can do to bring value to you so I can learn more about real estate investment"

If I was 21 again this is the order I would go in.

Loading replies...