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Updated over 1 year ago on . Most recent reply

User Stats

3
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9
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Kale Johnson
  • New to Real Estate
9
Votes |
3
Posts

Advice For A Young 23 Old College Student Interested in entering into Real Estate

Kale Johnson
  • New to Real Estate
Posted

Hello all! My name is Kale Johnson, I'm new here to Biggerpockets. I'm a 23-year-old college student based here in the northern California area. I want to get into real estate; specifically, cashflow real estate such as residential rental properties and I've been reading books and studying concepts in my free time and I've learned about different avenues to get into the business such as FHA loans, USDA Rural Development loans, and others. It seems, however, almost all of the time, enough for a down payment and a rainy day fund is needed. For a young person without much money in their bank account but with plenty of time, how can I get into real estate investing? I already know about wholesaling, however, I heard it can be potentially illegal in California. So would it be better for me to reach out to investors to shadow them to learn the business or would it be better to get into wholesaling or creative financing? Thank you!

Most Popular Reply

User Stats

476
Posts
393
Votes
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
393
Votes |
476
Posts
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
Replied

Yooo Kale! I'm thrilled to see you engaging on this platform! 

I just turned 24, I am a licensed real estate broker, own 6 doors, and manage over 100 properties for investors (mostly STR / Airbnb).

I am always looking for other young people interested in real estate investment. The younger you begin, the more wealth you will build for yourself and your family.

Come down to my office sometime (2428 K St) and tap in with me. I'll send you a DM with my contact information. Looking forward to connecting!

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