All Forum Posts by: Michael Bultena Jr.

Hey @Michael Bultena Jr.

Congrats to you for your ambition! If you are looking to connect with someone for some guidance or advice, feel free to reach out. I recommend you read this article I wrote for Bigger Pockets titled How to Invest in Real Estate Before Turning 21. Once you've read it, let me know your thoughts and if you have any questions. I am a high school teacher in Colorado and I am always looking to help young people get started in real estate investing or help in any way I can. Let me know if you want to chat sometime. https://www.biggerpockets.com/..

You can't legally be the sole signer of a contract yet so that's going to be your biggest setback. Also, avoid FHA loans as they require you to carry mortgage insurance for the balance of the home loan.

If I had found and determined to use real estate investing at your age, I'd be a millionaire many times over now so kudos on you for thinking about this so early!

I imagine you live with family. Use the time to save every penny. If you make 15k, learn to live on 5k. Save the difference. If you have any debt, especially car debt, sell the car, get something you can buy in cash. At 18-yo. you can buy a property, and if you save aggressively, you could have as much as 20k, more if you learn to take gig work online. 

Use that money at 18 to buy real estate out of state because Colorado is too expensive for your budget. (I'm a native Coloradan, so deeply familiar with everything from Co. Springs to Ft. Collins and between.)

Since you have 13+ months to learn remote real estate investing, read David Green's book and watch every YouTube video you can find on remote investing. Get so comfortable with it you can't imagine another way. Best of luck to you!