Updated almost 7 years ago on . Most recent reply
Considering going into real estate
Greetings,
I just want to start off by saying, I am 21 years old and I am currently residing in Chicago, Illinois, which is also where I consider investing in real estate. I also have zero to no knowledge about real estate.
I do not plan to invest in real estate for another 2 years. Meanwhile, I plan to build my bank account (Goal: ~$60k) and I already began working on my credit score since I was 19 and hope to have it be at least at a score of ~700+ by the time I plan to invest. Aside from those goals, I plan to read and study as much as I can on real estate in the upcoming 2 years. I will be receiving my bachelors degree this upcoming December, so college will be out of the way after that, for now.
I am reaching out to see if there is any additional steps anyone might suggest I take, or things I should do to help prepare myself in 2 years when I plan to actually get physically involved in real estate?
Most Popular Reply
Hey Jerry! You're on the right path! Educating yourself is paramount! I would also suggest establishing your network and "Mastermind" group. Going to REI meet ups or REI seminars and surrounding yourself with like-minded, driven people, will only propel you to your goals that much faster! Generally, the most successful people in the world surround themselves with like-minded, talented people. You are the average of the five people you spend the most time with!