Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Tanner Lough
  • Real Estate Investor
  • Ames / Des Moines, IA
1
Votes |
5
Posts

knowing what you know now, but being 20 again.

Tanner Lough
  • Real Estate Investor
  • Ames / Des Moines, IA
Posted
My name is Tanner Lough, I'm from Des Moines Iowa. I'm 20 years old and this podcast has given me a plethora of knowledge. I quit my job to just pursue owning my own business. Not only is owning real estate so incredibly important to me but increasing your stream of income is almost the most important thing I can do. Like I said, I'm 20 years old and even though I can have an educated conversation with some of the most high prestige investors in my area and nearly shock them with what I know and have set my focus on, the road to getting there is a long one for me (because of my age). It seams people don't take me seriously, I need to know how to gain more insight on dominating the rental market in my area. What would you have done being 20 years old and knowing what you know now. My mother instilled great things into me, business and saving were the most important and I'm so incredibly great full so I have a solid nest egg that Iv built and saved. Probably more than an average person my age. I don't have any credit and I don't want a car loan or to be taking out loans on things I really don't need. I know I need to establish a credit line but how can I take the right steps now to set myself up for that. I'm not wanting to jump into a deal, but to learn and set myself up for the right day. Thanks, Tanner

Most Popular Reply

User Stats

28,542
Posts
19,634
Votes
James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,634
Votes |
28,542
Posts
James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

@Tanner Lough

Welcome to the site.

1st thing I would do if I were you would go get your real estate license. This is going to provide you a few things.

1. An income, you quit your job and will need income to come from somewhere.

2. Networking. You can provide value to other experienced investors and real estate owners by being the best agent you can be. These are the types of people you need to know.

3. Experience and knowledge. You will gain so much experience and knowledge by being in the industry day in and day out.

While simultaneously doing those three things you'll be able to work on purchasing your own investments 

Loading replies...