New Teen Real-Estate Investor!

New Teen Real-Estate Investor!

New to Real Estate · IL · Member since 2021 · 4 posts · 0 votes

I’m a fresh high school graduate who is exploring the world of real-estate. I want to make my money work for me and achieve financial independence at a young age. I plan to attend a local community college this fall and then transfer out to a state school to major in business management. I'm currently beginning to educate myself about real-estate, and finally starting to read through the stack of books my parents have given me on the subject! I would love some advice about getting started young in real-estate investing, as well as any other tips on personal finance as well!

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  • Dan SheeksPro Member
    Rental Property Investor · Denver, CO · Member since 2016 · 621 posts · 362 votes
    5y

    Hey @Carsen Forte

    Congrats to you for your ambition! If you are looking to connect with someone for some guidance or advice, feel free to reach out. I also recommend you read this article I wrote for Bigger Pockets titled How to Invest in Real Estate Before Turning 21. It has some great advice for getting started. Once you've read it, let me know your thoughts and if you have any questions. I am a high school teacher in Colorado and I am always looking to help young people get started in real estate investing or help in any way I can. Let me know if you want to chat sometime. https://www.biggerpockets.com/

  • Realtor · Denver, CO · Member since 2018 · 227 posts · 241 votes
    5y

    @Carsen Forte Love it! There are a few great books to start with: (1) Set for Life by Scott Trench (2) The House Hacking Strategy by Craig Curelop (3) Rich Dad, Poor Dad by Robert Kiyosaki. These will give you a bird's eye view of real estate investing and mindset.

    Some awesome podcasts I'd start with: (1) BiggerPockets Rookie (2) BiggerPockets Money (3) The FI Team Podcast

    I would also follow MoneyHoneyRachel on instagram.

    Hope that helps!

  • New to Real Estate · IL · Member since 2021 · 4 posts · 0 votes
    5y

    @Grace Wang Awesome, thank you! I will definitely add those to my reading and listening list! 

  • New to Real Estate · IL · Member since 2021 · 4 posts · 0 votes
    5y

    @Dan Sheeks I will take a look at your article, thank you!

  • Real Estate Agent · Seattle, WA · Member since 2019 · 301 posts · 188 votes
    5y

    That's so awesome to hear Carsen! I love that you're doing CC then transferring to a bigger school - such a good strategy. Reading that pile of books is a great start! My main piece of advice is to just get started! Learn as much as you can and then started doing it asap. You'll learn so much by practicing the theory you learn about. Best of luck on your FI journey!

  • New to Real Estate · IL · Member since 2021 · 4 posts · 0 votes
    5y

    @Bradley Dosch Great advice, thank you!

  • Member since 2020 · 68 posts · 30 votes
    5y

    Hi carsen! I live in st charles and have done numerous flips and some rentals. Can show you some of my rehabs budgets so you can see a real world project. Take care!

  • Member since 2020 · 68 posts · 30 votes
    5y

    Hi carsen! I live in st charles and have done numerous flips and some rentals. Take care!

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