Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Lost 21 year old in desperation
God please send me some wisdom Im 21 years old and I must admit I do have a little spending problem and really struggle to save money Im in the auto body industry and want to start my own shop but I also want to get into real estate what steps should I be taking and which should I start first with the shop would take more capital but would need alit more capital exspecially at first but would have potential to bring in a lot more than just owning a rental property but I could use real estate to fund a shop later on I’m just really confused and stressing myself out way too much I just want to do everything I can to have a better future and the penny’s I make in corporate are not cutting it any advice would be greatly appreciated even if your not a pro thank you
Most Popular Reply

- Rock Star Extraordinaire
- Northeast, TN
- 16,118
- Votes |
- 10,007
- Posts
Without trying to be too critical, please learn to use some punctuation. That was ridiculously hard to read, even without considering the typos.
Beyond that, in general: business is where you make money, real estate is where you park money to make more money. Going into real estate without any capital will be risky and frustrating. If you have talent enough to make a go of it owning your own auto body shop, you should definitely do that.
Before any of that, however, it sounds like you need to learn how to run your first business - yourself. I'm not a huge fan of Dave Ramsey in the latter stages but you sound like the perfect candidate for his baby steps program.
- JD Martin
- Podcast Guest on Show #243
