All Forum Posts by: Noah Norton

I am fifteen years old, and I was first introduced to real estate investing a year ago. I read a free Amazon ebook about wholesaling. This book was written by a "guru" and was essentially a big advertisement, however, I did learn a few things about real estate. This past year I have been reading books on real estate and business, and I just recently began listening to the Bigger Pockets podcast. I have come to the conclusion that Buy & Hold is by far the best option (long term) for real estate investing. However, it is more difficult to start out with, and is almost impossible (if not impossible?) to do as a full time job. Wholesaling, if I could make it work, would be a good way for me to learn the market, learn the trade, and make a bit of cash to later invest in a down payment.

I have a few options once I turn 18:

-Find a mentor and go into wholesaling full time, after a few years of saving money, I will be able to buy my first rental property

-Find a partner (an experienced investor) and do a flip, and like before, buy my first rental after a few years of saving

-Find a job either related or unrelated to real estate, and after saving a few thousand dollars, buy a rental property

The first two options would be most beneficial, as I would be learning the real estate market while making money, however, I don't know how soon I would be able to make profits with wholesaling/flipping and I will need some source of income to pay for my education/living expenses.

 Thanks for the offer and advice. However, I forgot to mention in my original post that I'm currently living with my parents in central america, and won't move to Virginia for 10 months. I qualify for a "missionary scholarship" for Liberty University, which covers my full tuition, hence my choice for that college. I'll take a look at ODU scholarships though; my one problem with Liberty was the lack of a real estate major. I've saved a link to the Tidewater Group website and I'll look more into joining Real Estate groups once I've moved to Virginia. Sorry for the miscommunication, but I do appreciate the offer. 

 Thank you. I'll have to try to find a flexible part-time job in that field.

 Thanks for the advice, I'll look into it.

Hey, I am wondering at what age I should start investing in real estate and how to do so? I'm 15 years old right now and going to university in one year. My general plan was so attend Liberty University in Virginia for 4 years, majoring in Finance. Ideally, I would start wholesaling in my third year of college, when I turn 18, and then start wholesaling full time after graduating, until I have the capital to flip houses.

However, Virginia doesn't seem to be the best state for wholesaling. My University is 3 and a half hours away from Virginia Beach, and I won't be able to afford a car in college.

Now, the only reason I make this thread, is that everyone always says "they wish they started earlier." I don't want to graduate from college with no money, and have wasted 4 years of my life. Ideally, I want to wholesale full-time right out of college.

What advise can experienced real estate investors give me? And what should I be doing before college, during college, and after graduating from college?

-Noah Norton