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Updated over 7 years ago on . Most recent reply

Account Closed
  • Yonkers, NY
95
Votes |
506
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Wholesaling as a freshman in high school

Account Closed
  • Yonkers, NY
Posted
Hi everyone, My name is Michael Kantar and I am 14 years old and a freshman in high school. I want to start wholesaling to make money, I have some experience in finding good deals and think that o would be pretty good at it. But I don't know if I'm allowed to do it because I'm too young. Is there an age limit on how old you have to be to do wholesaling? Is there any way I can do this or anything with real estate at such a young age? Please help me out, thanks!

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Aaron K.
  • Specialist
  • Riverside, CA
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

@Account Closed I also started real estate at a young age, everyone saying that you are too young because you can't enter into contracts is right but not thinking creatively.  Depending on what type of investor you want to target with wholesaling (flipper or buy and hold).  Just send deals that you have evaluated their way.  Make sure that your math is correct, speak to them on the phone first otherwise your reputation will be shot.  If you really can find good deals and you impress someone they will trust you in the future.  They will also feel as if they should compensate you somehow, this will likely come in the form of mentorship/ education and future business until you are of working age.  Please reach out if you would like to discuss further. 

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