Buffalo, NY · Member since 2017 · 64 posts · 85 votes
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)
@John Moorhouse am I the only one sitting here thinking, holy smokes!! This dude is in high school and is already thinking about investing, buying rentals, working on his future? Love the goals, admire the motivation, you my friend are def going places, do NOT lose that passion.
My advice, finish school. Here’s why, in order for you to accomplish what you want to do you’ll need some capital. It’ll be a little harder, not impossible, but def harder to get the cash needed to start buying properties with low paying jobs. Again, not impossible but don’t make things harder then they really are. When you’re young you will not have access to credit like you will later in life, so cash will be king for you. Work those side hustles while in school, cutting grass, washing cars, whatever you’re good at. Save more than you spend and you’ll get there.
I wish I started earlier in life, I think most people here would agree. You’ll be retired at 25!!!
Financial Advisor · CA · Member since 2012 · 128 posts · 76 votes
7y
Hmmmm Something to think about. I stayed and have a graduate degree. However I think I was completely able to support myself at age 15. In those days I worked minimum wage and it paid my room and board. Hard to do these days. These days I would stay the 2 years you have to go. Distract yourself. I used to keep a book in my lap and read while the teachers talked. I know people don't read books as much today, but you get the idea.
Lender · Irvine, CA · Member since 2019 · 13 posts · 5 votes
7y
@John Moorhouse
Stay motivated and finish high school. While everything you've stated may be true, more doors will be closed on you because you don't even have a high school diploma. I'm a recent college grad (stem degree) and I can tell you how difficult it can be to just land a job (even if you have experience!). I get you want to follow this entrepreneurial path, but finishing high school is just one of those requirement at this point. Meanwhile, use your free time (after you've studied for your classes) on educating yourself on what you want to do and how to achieve your goals. Read/listen to some great books. You got this man!
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)
John, I am not sure how do you think about real estate, but I still recommend you go to college, study finance and go to the best investment bank you can possibly go. Because you will have first hand experience handling deals (any industry) worth hundreds of millions of dollars. Most people in BP would love to go that route in a lighting speed. If you failed in that route, you can come back to BP route later in your life. Believe me, it is not worth to drop out of HS for this gig.
Contractor · Eureka, CA · Member since 2015 · 100 posts · 64 votes
6y
@John Moorhouse I felt the same as you did, exactly. Not that it was necessarily my case, but I have found that people who are bored and irritated with school are extremely intelligent as you clearly are. It's a time in life that you want to get out and DO things. But we are all working in a system and two of the hardest things to overcome in that system if you want success are no hs diploma and having bad credit. Starting out with a GC and getting into the trades is a great idea. That's what I did. I never went to college and it was the best decision I ever made. But HS is different. Not completing it will be an enormously limiting factor across EVERY industry. You will find yourself bored and annoyed but in wage slavery, and for much longer than a year or two. I hated absolutely everything about school... every minute being there. And unlike you I was not even good at it (I was a C student). But sincerely, just get the piece of paper and be done with it.
Bottom line is getting "out" into the world a year or two ahead of time will not benefit you in any way at that age, even more so without a diploma. Hang in there! It'll be over before you know it.