San Antonio, TX · Member since 2017 · 4 posts · 0 votes
I personally am just about to get out of high school, and about to start college but i've always been very interested in investing and such, is love some help on how to start or what i should do besides just reading to generate some capital despite about to be a broke college student, any advice is appreciated, Thanks!
Find out where your local REIA meetings are. Normally you can go to at least one for free or if they have lunch meetings, those are normally free. You will be welcomed with open arms and make a lot of connections from people with REAL life experience. I would stay away from the free seminars from fortune builders and the rest of the programs out there. They give you just enough to get excited and then start with the selling. Hope this helps some.. @Brian Scherlen
Find out where your local REIA meetings are. Normally you can go to at least one for free or if they have lunch meetings, those are normally free. You will be welcomed with open arms and make a lot of connections from people with REAL life experience. I would stay away from the free seminars from fortune builders and the rest of the programs out there. They give you just enough to get excited and then start with the selling. Hope this helps some.. @Brian Scherlen
yeah, thank you, honestly what sparked my interest was a couple ads from a company called Renatus, but after further research i deemed it slightly deceiving but i think meeting people would really help, Id like to find some sort of internship over the summer to learn more, thanks!
Texas forums There's some forums in Texas, maybe you can find a meetup near you. Also, get to know your local market. Start getting up to speed on your local market, learn values, neighborhoods, etc. Go check out Open Houses and pay attention to pricing, what are the finishes (materials, quality, etc.) Size of house. Size of lot. Are there other houses for sale in the area? On rentals are they expensive at top of market and a tight market? When rental market is tight that's a good indication the market for new homes is good.
Even if you don't have enough money to buy a property, you might be able to get in on a deal through crowdfunding, etc. Just make sure you know that its a reputable company you're dealing with.
Use BP as if it were college classes. Dedicate some time to listening to podcasts, webinars, and PARTICIPATE in the forums like you're doing. It's good you ask questions. Never be intimidated. All of us started someplace!
Great way to learn is by doing it. Get a realtor license. In our heck of the woods, takes a 2 week course. Some bigger companies may even pay for your classes. You won't get rich right away and probably won't be selling million dollar houses any time soon, but you can be a member of the team, doing showing and grunt work for somebody. Play your cards right and heck, it may even put you through college. Set yourself some goals too while you are at it. I bought my first 4plex at 20. At 18 I was not even thinking about real estate. Do better :) Good luck.
Thanks for all the replies! I've become very excited to try to get into this market, hopefully I'll be able to meet some people near by willing to help teach me or in need of some type of inter towards investment
@Brian Scherlen What is your major going to be? Business law, accounting, finance all are very good foundational courses, as well as some type of project management should you want to get into development. You might be able to host Open Houses for an agent on weekends, etc. (depending on whether or not you have to be licensed. Here in CA you can, but you cannot discuss pricing and terms)
I'm technically an engineering major at the moment but i haven't even started school so it's somewhat subject to change. Investing is something i've always been interested in and would like to try to do on the side! I want to get some knowledge of it before i get into school.