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All Forum Posts by: Julian Thomas

Julian Thomas has started 1 posts and replied 4 times.

Quote from @Wale Lawal:

@Julian Thomas

You're in an amazing position by thinking about real estate this early, and with a full-ride scholarship, college is a no-brainer—it gives you time to learn, network, and build capital without debt. Major in business (with a real estate focus), start learning through books, podcasts, and investor meetups, and work on building credit and saving money while in school. Your first move at 18-21 should be house hacking (buying a small multi-family and renting out units). Focus on networking and learning from experienced investors—you're already ahead of 99% of people your age, so stay consistent and take action!

Good luck!

Thank you sm for responding. College does sound like a useful and fun experience that I would like to partake in.  How would I go about getting the money to house hack. Also, what if I can't find people to live in the home? 
Quote from @James Mc Ree:

Absolutely, go to college and get a worthwhile degree, especially if you have a free ride!!!!

Why? Real estate investment involves having money to make money. You will earn much more with a college degree than without and you will understand the world better. You will need to save that initial income to buy your first properties, get your mortgages, etc.

You don't need a college degree to swing a hammer, but that psychology class could come in handy negotiating with a difficult tenant. The accounting class will help you keep your books in order and understand your taxes. The marketing class will help you keep your STRs and LTRs leased.


 Thank you for your insight. I do believe college has its perks which is why I'm most likely going and with these responses so far I'm even more sure now. I would still like to learn more about real estate and investing as I don't like to trade my time for money.

Quote from @Jules Aton:

Hi and welcome! While not necessary to be successful in RE going to college can be a fun experience prior to adulting and having a business degree is a well thought out safety net. Maybe your first RE deal will be a student house hack? 

Thank you for replying. Yeah I was thinking of having the business degree as a backup plan too. And the college experience does sound pretty fun as its not going to be like high school. How would I go about starting a student house hack?

I am currently in my junior year of high school, and I have all AICE and AP classes, which allows me to get a full ride to college. However, I don't know if I should go to college or not for real estate. I honestly am thinking of just going for a business major with a real estate minor because that's what I've worked all these years for, you know? Anyways, I want to start learning everything early so I can get started after I graduate high school. I am TOTALLY lost. If you have any tips or things I should know before starting, please lmk :)