Advice for 20 year old

[Valentin Boyanov]

Hi everyone,

My name is Valentin and am a current sophomore at the University of Washington student really interested in real estate investing. I have about 20k saved up and wanted to hear your thoughts on what the best approach would be. Get a loan? Find a partner? Ideally would like to eventually get into the multifamily apartment space.

Any advice would be appreciated! Thank you!

[Frank Wong]

Hi Valentin,

1. Get your education on real estate investing.  Target a specific type of investing and learn. In your case, 1-4 units rentals are the best way to get started. You can finance the purchase. 

2. Get a good paying job when you get out of college.

3. Stack cash and invest. 

4. Remember step 1.  Invest in yourself.