All Forum Posts by: Gavi Balsam

Hi everyone! 

I am a 17-year-old senior in high school, I've been learning about Real estate investing for about 4 years now by reading books and watching podcasts. I am taking a gap year next year and going to University the year after which is when I'd like to start investing. I'm hoping I can get some advice about how I should be preparing to get into real estate as a young person in my situation. I am planning on getting into multi-family and my University is in New York.

 I have a little over $10,000 saved up so far. I am going to get a credit card so that I can get an excellent credit score by the time I'm ready to get a loan. I plan on working during University so that I have a reported income. Besides saving up more money and learning as much as I can, how else should I prepare? 

I appreciate any advice you guys can give me!

Thanks!

Full value as in the value of the buildings from a year ago before the stock dropped. The investors have also personally bought quite a lot of stock so I don't think they're just trying to boost earnings per share. It seems like almost all REITs have taken a beating. I like to think that when a market as a whole is suffering there are some good companies that get hit by it too. 

Hey everyone, my name's Gavi. I am a senior in high school and looking to get into real estate investing in a year and a bit when I'm in college. I've been reading about real estate investing since I was 12/13 and came here to continue soaking up any knowledge and advice I can.

Thanks!

Hey everyone! I appreciate any thoughts and knowledge you guys can share.

I am looking into investing in a REIT trading at less than half its price from last year. The REIT was taken over by investors who have been selling off assets. According to them, they have been selling their buildings for full value so the discounted stock price could be something to take advantage of. They're buying back their stock and paying a good dividend. Are office buildings still being bought at full price? This REIT isn't the only one saying this but I've also read in other places that it's been difficult to sell office buildings.

Thanks!