I am a college student with little money looking to get into and learn more about real estate investing. As much as I love reading, I feel you can only go so far without taking your first steps. I have looked into wholesaling and birddogging, however there are alot of legality issues. From what I have read, the only way to do it is to be an employee and be payed on a per leed basis. I feel this could work, however I would much rather be a silent partner (with less liability in the deal) and recieve a set percentage of the deal, and learn from the decisions they make. Do you think this could work? How would I find investors interested in a deal like this? Any advice on things I could do to learn more about the industry hands on for a college student would be appreciated.
Personally, I would suggest finding a mentor and learning what they know, see what they see, etc. It could be something as simple as going to the Home Depot and asking around about investors/builders/landlords. Chances are, one of the employees will likely also know who these individuals are since those investors are likely to frequent the stores.
Another is to reach out to people that you know and see if anyone there is, or knows someone who is, investing or involved in the business some how. You can also utilize the BiggerPockets network to look for investors in your area whom you might be able to spend Saturdays with, after you're done with your homework. Just try to find a resource that can give you as much exposure as possible, allowing you to make connections between things you've read and real-world concepts specific to your market.
Feel free to reach out to me if you have any questions in general!
I'm a builder, investor, flipper, and real estate agent in the field! :)
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