Hi everyone, so I'm a university student who has started learning about real estate investing and have been reading several books/articles/forums and listening to podcasts ( including BPs' of course!) over the past several months. I would love to get started in real estate now as a wholesaler, broker, or investor - maybe even a syndicator! However, is this a realistic goal? Can I make substantial income in real estate while going to school full time and keeping my grades up? Moreover, I want to continue my education after college, perhaps get my J.D. Or MBA. Has anyone balanced school and forming a real estate business simultanepusly? Thanls for reading, and I look forward tp your responses :)
To sound up-beat and say you can juggle school and make lots of money in RE is possible but my personal .02 is to say there will be plenty of time for you to get going in real estate. You should focus on your studies and once your in a real position, then start investing but keep learning as you go. Check out investment clubs in your area and meet others who are active in your local market. No need to rush things.
The chances of people actually becoming successful are not always good in real estate so make sure to graduate, get a high paying profession and then do RE as an alternative source of income.
Curt Davis, Real Estate Agent in TN (#00321765)
I focussed on school and than did real estate when I started on my full time job. While it didn't work out at the time. I would have gotten started earlier by buying a large home and renting out rooms to fellow students.
Personally to get my degree's focusing on school took everything out of me and i went up to an MBA. Once I got my MBA we started to build our "rental empire" and have 5 houses in 3 years. We are estimate to grow another 5 in 18 months. So just because you grow slowing at first doesn't mean you can't make great leaps and bounds.
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