Interested young real estate investor
I'm heading to college next year but I was extremely intrigued by real estate investing. I have already read so many forums and posts that starting young is a great benefit and opportunity in real estate investing and I'm looking for a way to start while I'm in college. I'm not looking to go full time from the get-go but I want to get a good foundation going while in college so I have options to either part time out of college or go straight into it. I want to be able to work really hard while I'm young and reap the benefits of my hustling in the future. I think that I mainly want to do buy and hold but I'm open to opportunities. Any advice would be really great.
Welcome to BP! Great to have you here and making connections. Have you read The Ultimate Beginner’s Guide to Real Estate Investing? We wrote it with the beginner in mind. It’s an excellent place to start, and can answer many of your questions. You are in the right place to learn all about real estate investing. Do you know what sort of investing you are thinking of doing? BiggerPockets has a FREE webinar every week. Presented by the BiggerPockets Podcast co-host, Brandon Turner, it covers a different topic every week. Sign up here for the next Webinar. Most webinars are recorded and a replay link will be sent out to anyone who signs up. Please don't hesitate to reach out if you have any questions or clarifications. We are always happy to help!
@Trexie E. thanks I'm excited to be here and I was thinking about buying and renting out properties to start off. However, I'm not sure how I could do this while I college and with not a lot of money.
#1 Classifieds Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 17,978
- Votes |
- 26,660
- Posts
#1 Classifieds Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Welcome aboard @Joemart Contreras
Thanks I'm excited to be here @James Wise
#2 New Member Introductions Contributor
- Specialist
- Rockland, MA
- 2,245
- Votes |
- 7,730
- Posts
#2 New Member Introductions Contributor
- Specialist
- Rockland, MA
Consider student housing while in college. You rent per bed not per unit and collect alot more rent. Remember you don't have own the property to profit.
Have a buddy who filled a 3 family for an out of state owner with students 10 beds she takes $100 a month off the top for each bed. She is making $1,000 a month on a property she doesn’t own nor manage.
Paul
@Paul Timmins Wow thanks so much for the advice and reply. That actually sounds doable and promising. But did your friend have to pay the out of state owner a fee for property use or did they work out some other deal. Either we thanks again for the info.