I was in your shoes and wanted to grow up so fast. Being an adult has its perks but I’m sure many would love to go back with knowledge they have gained and redo a few things. You are an honor roll student. Sounds like school is not challenging enough and ur bored but just consider this. Anyone filling out an application lists no high school diploma is looked at in a negative way. No one will assume you were an honor roll student. They will push you off as a looser.
My suggestion use your free time like weekends and summers to hustle and work for free or really little pay to get under a few contractors that can mentor you or investor with a decent amount of properties to teach you. Use the next to years to learn as much as you can do after graduation you can be off chasing your dreams.
Real estate runs in cycles. Not having backup or another form of income can ruin you.
Use the time now as you have little to no expenses to work on educating yourself.
Stay in School. You will have 40+ years to do Real Estate.
Do not drop out of high school.
I am a 8th grade drop out I know from experience how hard this this road is. While college is not for all high school is. You learn fundamentals that are required for life. Yes history class and science class may never be applicable to your career but learning how to study and write for these classes is invaluable. I am a successful Realtor, investor, and Retired Army and to this day I struggle to read and understand many things due to my lack of practice during high school age. I’m horrible at spelling and have only just begun to be able to write in a way that is appropriate for a business man. I cant even begin to tell you how much math has been a learning curve for me.
I am in my 30s and pretty much having to redo high school now and learn the fundamentals that are taught in school. I am lucky enough to have a G.I. Bill and I am able to attend college for free. All the learning that you are about to receive for free is costing me close to $4,000 a semester just for an A.A.
Which is really a refresher of the basics of math writing ect.
Dropping out of high school has been one of my greatest regrets. I have felt miles behind many of my colleagues and coworkers.
I get it though high school felt like a complete waste of time to me and even though I have had experiences that other people that did attend high school didn’t, I would trade it all just to have that basic knowledge I am now missing.
Even today I hate school, I have a 40 page presentation that is due tonight that I haven’t even started it, it seems like such a waste of time. When I change my perspective I think of what I’m actually doing. I’m learning to put words pictures and stories together to present it to someone. This is so useful in todays business. I think you have to remember the prospective of what you school is actually doing. It sharpens your knowledge and skills.
I hope this was helpful.
@John Moorhouse do it
Do both school and flips. Ppl work and do flips at the same time of you can t do that then you can’t do this cause I promise you it way more demanding than hs
I cannot get work outside my current career that pays anywhere near what I'm making because I didn't finish college. Trades that specifically state they will take you as long as you have Gr12 Math are overlooking me. This sounds trivial except.... the same people that are overlooking someone who finished high-school and a year of college, will be evaluating your every move as a potential partner.
@John Moorhouse as someone who dropped out of high school in the 10th grade I fully understand your feelings. I suggest you explore your options to accelerate your schooling. Try to find a school that challenges you or study to take the GED. YOU MUST FINISH IT THOUGH. Not having a diploma or GED will haunt you and hinder you for the rest of your life. It may feel like you are being slowed down but this is a great time to learn that certain things have to be done and you must learn while you are in this position.
Once again, explore all options to either accelerate or complete high school early. Look at this as a way to learn how to be creative. You will need that skill in real estate.
Good luck bro but do not drop out.
Don't drop out. You will regret it. @John Moorhouse
@John Moorhouse it takes time to see the benefits of school. I felt the same point at times. More times than not, I think back to times where what I learned in school is benefitting vs having zero benefit.
Work as a helper for various trades part time while you're still in school. You'll gain knowledge, experience, get a good reputation, and you'll meet the people that may eventually be your subcontractors.
Don't know if you're still here reading responses, but if you are, your choice here is a false dichotomy. There's no reason you can't stay in high school AND work in construction. Every GC I know is always hard up for good workers. Most GCs I know these days have crews running on Saturdays because there's too much work to do a 5 day week. Go find some crews busting it out somewhere on Saturday and find out who you ask for a part time job on Saturdays.
Don't drop out. One day you'll find some of high school was like lessons from Mr. Miyagi.
@John Moorhouse There are a ton of responses here so if this has already been said, please forgive me. I "left" high school at 16 by taking a proficiency exam (comparable to a diploma; not a GED) which was available in my state. I was also motivated to do so because I wanted to get a head start. I ended up going straight to a jr. college at 16 as a sophomore because of AP classes I had taken in high school, and I never regretted that decision. All that said, you need to really think about the classic high school experiences you will miss by leaving school early.
If there is no proficiency exam in your state ignore all of the above, for reasons which have probably been repeated ad nauseam (and rightfully so).
@JD Martin I’m still reading every single response, but i got a lot of people PMing me now which was not what I thought would come out of me posting this. But I’m happy it did because a lot of great things are going happening in there. To you and to everyone else who has not yet gotten a response back from me yet. Thank you very much and I am soaking in all of your words like a sponge.
The truth? NO ONE feels like they should be there when they're in high school. Work weekends, save money and be patient.
Leave, drop out, but you better be willing to hustle and not give up and do everything possible to succeed. Just be saying this because you got all Hyped up on Gary Vee and want to drop out because of what he preaches. Truly listen to his words if you do follow him. One of my best friends in high school was going nowhere in high school, but he was the working and hustling type. When he told me our sophomore year that he was dropping out I knew it was for the best. He was truly wasting his time, he was failing every class and, told me I’m not cut out for this I’m going to go work because I understand that. This became a top restaurant manager, then went to work on windmills and becoming one of the only qualified people in his industry holding certain certifications, he did this for about 10 years and for the last two years he worked there built a fabrication business on the side and grew that into his main hustle. Sleepless nights, rehab for alcoholism and a divorce later he has grown into a decent size fabrication company working on mansions in Beverly Hills and still working his *** off. If you’re an honor student you have the ability to finish school, Gary Vee would say be patient. There are other things you can do that will help you get closer to your goal. The fact you’re in this forum is evidence your smart use intelligence and think hard about your decision. One thing my friend had was a plan, he never moved on to the next step until he had a plan... doesn’t need to be a foolproof plan just one that you can execute. Good luck to you.
Respect your hustle so much, but don’t ditch high school. I’m gonna recommend the Gary Vee approach: go to school everyday and sit in science class while you read a book/surf online and learn about what motivates you. You don’t need to do well if you don’t plan to base your future off what they’re trying to teach you in the classroom. If you think your time is more Valuable focusing on the RE game and you’re committing your life to it after you graduate, send it. Added bonus is you have to be finished up for the summer and can spent 2 and a half months doing nothing but learning about real estate. A GED is a must have, finish strong my friend.
This forum is full of people who work full time jobs and have been successful in real estate investment. Check to see if your school district offers any technical programs that your can get you hands on experience during school hours. Some of them even over school credit for apprentice/internship training. As far as the fire department goes, i would at least take the time to look up that information before making a decision because most professional fire fighters at need at least a high school diploma. Use your spare time work on deal analysis and finance or partner with family on deals. There are plenty of options that would allow you finish school a focus on what you want career wise.
I admire your ambition but it would be foolish to quit high school. It could hurt your credibility in completing things you’ve started because you just want to go on to the next best thing.
And if for some reason things don’t go as planned, you at least have a diploma.
Stay in high school!
My plumber and AC contractor hires guys that drop out of school or have criminal records to do the manual labor while they rake in the cash. How are you going to pay for the properties you want to buy? By being the helper or by being the contractor?
I hated high school. I did just enough to get by. It wasn't that I was stupid, I just didn't see the need for the stuff they were teaching. I wish I would have paid more attention and went to college so I would have had things easier.
There's no reason why you can't work for someone on the weekends so you can learn the skills you will need when buying houses. Carpentry, plumbing, electrical, HVAC, sheetrock and texturing, or handyman skills. You'll make some money and learn some valuable skills.
John I was in the same situation than you when I was your age. I eventually did drop out for the same exact reason. I got in the carpenters local at 18. I bought my own house a block away from the beach at 24 with my mom co-signing. House hacked my house till it was renovated and affordable. What I would do different is to finish high school. The reason I say that is because when you give up school you give up your leverage to negotiate your wage, GC’s and the construction businesses love people that do that. It was a real struggle for me to even explain to my wife’s friends and family why I dropped out of High school. The label sticks with you! Trust me! Your going to do what you want, but I know first hand to stay in high school learn a trade get into the union.
@John Moorhouse never drop out. You can finish school and work at the same time to gain valuable experience and work towards your future goal. You’ll need w2 income to qualify for mortgages until you build up cash reserves or get investors to where you can purchase homes with cash. Focus on earning income after high school. A drop out often is behind the curve when earning income.
I’m a teacher and I’ve seen people regret not keeping on course and the GED programs are not a piece of cake when they decide to go back.
Focus on building the skills needed to get into the house rehabbing/buying/landlording whatever.... you can become a realtor at 18. Take the class, get your license. Learn what you need to be a GC and pursue that too. The world is your oyster
@John Moorhouse John, be patient. You need a HS education to even be considered for the most entry level job. HS sucks, consider it a right of passage if nothing else. You're obviously intelligent and have ambition which puts you ahead of many of your peers. Be patient, stay educated, focus on one thing, find a mentor, crush it. You have time.
You really don't have to drop out of high school to become an investor. It sounds like you are looking for a reason to drop out. Because you can do both , you should take the tools and advantages at your disposal and use them. Dropping out of high school is just putting the odds against yourself. It is not holding you back from being a real estate investor.
Originally posted by @John Moorhouse :
I want to build a real estate investing business. I want to buy and hold, I want to rent I want to do BRRRR's and I feel like High School is holding me back. I also want to get a job working with GC starting out as a laborer and working my way up. I sit in school for 6-7 hours a day miserable, tired and annoyed. I feel like I could be home studying, or in an internship and gaining real world experience. I dont feel like i fit in school because of what I want to do. What do you guys think about this? I am finishing up 10th grade. I have big plans and I want to start executing them. The only issue with this is I want to join the fire department and I dont know if they require a High School diploma or not. Im feeling really torn at the moment. (For reference I am a honor roll student 90.4 GPA)
Stay in school. Anytime you're trying to get a job the fact that you didn't / couldn't finish something as easy as high school will be seen as a huge red flag by potential employers, thus cutting off many of your opportunities.
I found that education does not generally equal wealth, intelligence, etc. THERE IS ONLY A CORRELATION between education and high income levels. I graduated from UCLA and I don't believe I'm any smarter than anyone else who didnt go to college.
In my 3rd year of college, I hated life. I dreaded going to class and I almost dropped out after studying my butt off for a 5 hour econ exam and only receiving a C-. But I STUCK IT OUT. This is what's important, not the knowledge I gained (Don't remember any of it now). When things got tough for me, and I was depressed and broken, I pushed on and finished. My ability to push through is what's important. That character trait I built there has helped me out throughout life. If you drop out, that will create a quiting attitude for the rest of your life
Last point, if you dont have a HS diploma, people WILL perceive you negatively. Your social status will plummet. Your grades are irrelevant , the only thing that matters is the diploma.
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