Investor · Houston, TX · Member since 2015 · 39 posts · 8 votes
Hi guys I'm Anthony. I'm a 17 year old future real estate investor. My uncle has owned 10 properties the past 10 years and I have worked with my grandpa, who is the property manger, on 5 rental houses. I have listened to many BP podcasts and
have read several books on real estate. I
want to get into real estate investing as soon as I can. So I have 2 questions for all of you.
1. How can I get into real estate investing as soon as possible!?
/. Real estate has gotten huge the last 10 years. Because of more and more competition
Do you think the Real estate market will still be very lucrative in the next 10-50 years?
Thanks so much for the feedback!
Anthony
Real estate has gotten huge the last 10 years. Because of more and more competition
Do you think the Real estate market will still be very lucrative in the next 10-50 years?
Thanks so much for the feedback!
Anthony
As long a people need places to live, there will be opportunities to make money in Real Estate :) It can be easier in some environments vs. others. A strong real estate market can actually make some investing strategies very difficult.
It is great to have the opportunities to see closely second-hand from your relatives experiences. You also want to build your math skills to a point where you are very comfortable with numbers. Calculus or trigonometry may seem irrelevant, but it really develops your algebra skills - which are very important in investment analysis. You don't need an MBA, but picking up some education about business and especially finance is a good idea. It depends on what your specific areas of interest are for where you will want other education.
Glad to have you here @Anthony Colonnetta You are in the good company and you are in the right place to learn all about REI! All you need to do is read the blogs or post a question and the responses will be educating and gratifying.