Im 22, live with my parents, and have no bills. Where do I start?

2 Replies

Hello everyone, I have worked a job ever since I was 16 years old. I have always considered having a steady job to be my life. But for a while now I have been studying real estate. The concept of building wealth as a whole has really peaked my interest. I recently am unemployed and have turned my attention to real estate. I am scheduled to get my real estate license in the next few weeks and am constantly trying to educate myself every day. However, there is so much information out there, I am having trouble focusing on one thing at a time. I've seen and heard multiple times to not study real estate as a broad subject, but to focus on one aspect and pursue it. How do I know what that one thing is, and where could I start after I get my real estate license to get the biggest jump into the world of real estate? Its probably also important to note that I have 0 debt and am basically living for free besides car insurance and a phone bill.

Originally posted by @Paul Gimmarro:

Hello everyone, I have worked a job ever since I was 16 years old. I have always considered having a steady job to be my life. But for a while now I have been studying real estate. The concept of building wealth as a whole has really peaked my interest. I recently am unemployed and have turned my attention to real estate. I am scheduled to get my real estate license in the next few weeks and am constantly trying to educate myself every day. However, there is so much information out there, I am having trouble focusing on one thing at a time. I've seen and heard multiple times to not study real estate as a broad subject, but to focus on one aspect and pursue it. How do I know what that one thing is, and where could I start after I get my real estate license to get the biggest jump into the world of real estate? Its probably also important to note that I have 0 debt and am basically living for free besides car insurance and a phone bill.

Join a local REIA - Real Estate Investment Association and buddy up with an experienced investor.

@Paul Gimmarro you should use some backwards planning. First set your long term investing goals. Then figure out what you have to do to get there. Work on learning the market you want to invest in. Learn the neighborhoods and see where people want to live. Gaining knowledge and planning is the best way to get started.

Richard