Updated over 9 years ago on . Most recent reply
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.
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#2 New Member Introductions Contributor
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- Rockland, MA
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#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