Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
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

User Stats

7
Posts
7
Votes
Gaige Luther
7
Votes |
7
Posts

Lost 21 year old in desperation

Gaige Luther
Posted

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

User Stats

10,007
Posts
16,118
Votes
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
16,118
Votes |
10,007
Posts
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

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. 

business profile image
Skyline Properties

Loading replies...