Planning for my first real estate investment started in 7th grade

Planning for my first real estate investment started in 7th grade

Real Estate Broker · Seattle, WA · Member since 2014 · 1k+ posts · 427 votes

This is part of my story and I'll keep it short and sweet. I started reading a book about Real Estate Fundamentals in 7th grade. 

Keep in mind this is not the only solution to give you a head start on investing in real estate, but you can apply these techniques if you think it would be applicable for your situation:

  • WA state has a cool program called Running Start that lets high school students get 2 years of free college during their junior and senior years of high school. Not only do you save 2 years of tuition but also 2 years of time and earning potential. Other states may have similar programs.
  • Likewise, if you plan to get a Bachelor degree, you can save 2 unprofitable years of being a student and join the workforce earlier. Keep in mind, you do miss out on "student" life but you get 2 more years of "REI" life, so decide what you want more.
  • If you want a high paying job out of college, consider studying engineering, such as computer science or electrical engineering - those majors give you a high likelihood of finding a high paying W2 job that will allow you to qualify for your first mortgage.
  • Keep in mind many people don't end up working in the field they major in anyway. I went from engineering to real estate. :)

Best of luck and happy investing!

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  • Member since 2021 · 1 post · 0 votes
    5y

    Thanks for sharing part of your story! Too late for me but I will definitely encourage my kids to take the same route.

  • Real Estate Broker · Seattle, WA · Member since 2014 · 1k+ posts · 427 votes
    5y

    Happy to inspire!

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