Updated over 9 years ago on . Most recent reply
A roadmap as a college student?
Currently in my 2nd year at college, and I know that I want to do Real Estate Investing, with Real Estate Development later on. I've read a handful of books on Investing, worked at a property management company, and have talked to other investors in my area for a project I once did. I want this as my career, but I wanted to ask for help. I am a student, and don't see much of an opportunity to start investing until later on, once I graduate as I'll have saved money and be working a full-time job. What advice could you give me to help me prepare myself for investing?
I read a range of books (self-help, leadership, charisma, speaking and communications, entrepreneurship, technology, etc) along with the limited reading I do for Investing currently. I will be working on a 10 unit development project this summer, learning a general range of information on RE Development. Will work at the property management company for 2 months during summer, and will take my CA realtors test this summer as well.
Along with these tasks, are there things I should be doing currently or should plan to do in the future to better prepare me for Real Estate Investing? Thank you for helping if you can.
Most Popular Reply
Hi Garrett, I think you're doing everything right. I would network with as many individuals as I could at meetup events. Maybe form an LLC and build a business line of credit so in the future you have something ready for a few flips, then development projects, so on and so forth. Also, I would focus on finding quality people to build your team. I can see you're motivated so I'm sure you'll make it.