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Updated over 2 years ago on . Most recent reply

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Stefan Karlsson
  • Sweden
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I need advice

Stefan Karlsson
  • Sweden
Posted

I am currently 17 years old and live in Sweden and I am thinking about going to college. NOTE: In Sweden students get paid to go to college. I wonder if there would be a very efficient way for me learn Real Estate investing and get a good understanding of it by becoming a specific profession, for example Real Estate agent? Would there be a reason to not go to college and learn even more efficiently? Anyone that has some experience in this please give some tips. 

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Ryan Lesley
  • Real Estate Agent
  • Fort Collins, CO
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Ryan Lesley
  • Real Estate Agent
  • Fort Collins, CO
Replied

Hey Stefan, 

welcome to bigger pockets and congrats on starting so early on your REI journey.

my advice would be that even though there is no monetary cost to attend college there is still the time cost involved. Focusing on just knocking out the required education for a license and getting licensed is the path I would suggest. Then getting on a good team that can help show you the ropes of real estate is going to be a lot more valuable because you will be getting the hands on experience way sooner than going through a college. 

If you decide not to go the real estate agent route, you can also look into networking with other seasoned investors that would be willing to coach you through that first investment. again, getting right to the hands on experience portion of REI and not trudging through the college process.

at 17 it probably feels like you have a world of time, which relatively speaking you pretty much do 😂 but 2 great concepts I've picked up over the years is: time in the market beats timing the market. and that when you're young you can afford to take more risks because you have the time to bounce back

I hope that helps some, and best of luck on your future investments 🤝🍀

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