18 Year Old Investor

3 Replies

My name is Casey Hunter. I'm 18 years old and live in Wake Forest, NC. I am very interested in getting into real estate investing. I want to start building my real estate portfolio as soon as I can. I am planning on purchasing my very first investment property around this time next year. I work 60-70 hours a week and am currently taking online courses getting my associates degree in Network and Security in IT. I have talked to lenders and have a good possibility of being able to get a mortgage loan next year. I have talked to one investor I know personally and he recommended me to live at home rent free for as long as I can and purchase a commercial property renting it out and hold off on a single family home til I decide to move out of parents house. I am looking for any tips anyone may have for a young investor. I will have around 25k in the bank when I am ready to purchase first property. I was also thinking of buying a cheaper fixxer upper property and do a flip and hold technique and rent the property out in the future. I plan on holding on to each and every property I buy. If you have any tips or suggestions for me I would love to hear them. If you got this far, thank you for taking your time to read this. 

Casey Hunter

Originally posted by @Casey Hunter :

My name is Casey Hunter. I'm 18 years old and live in Wake Forest, NC. I am very interested in getting into real estate investing. I want to start building my real estate portfolio as soon as I can. I am planning on purchasing my very first investment property around this time next year. I work 60-70 hours a week and am currently taking online courses getting my associates degree in Network and Security in IT. I have talked to lenders and have a good possibility of being able to get a mortgage loan next year. I have talked to one investor I know personally and he recommended me to live at home rent free for as long as I can and purchase a commercial property renting it out and hold off on a single family home til I decide to move out of parents house. I am looking for any tips anyone may have for a young investor. I will have around 25k in the bank when I am ready to purchase first property. I was also thinking of buying a cheaper fixxer upper property and do a flip and hold technique and rent the property out in the future. I plan on holding on to each and every property I buy. If you have any tips or suggestions for me I would love to hear them. If you got this far, thank you for taking your time to read this. 

Casey Hunter

 Good Luck Caseys and from what I'm reading it looks like you're well on your way.

Keep up the good work!!!

You've taken a lot of important first steps. Sounds like you have put thought into your strategy. Learn everything you can from the people here in BP and just take action. Many of us wish we started when we were your age. 

Good luck Casey! There is a lot of opportunity out there for people our age! I recommend taking a course on property management or a real estate course if you want to get into real estate as a profession. There are a lot of experienced agents and investors that would take advantage of a young 18 year old with money.

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