Best advice for someone not going to collage entering real estate

Best advice for someone not going to collage entering real estate

Specialist · New Market, MD · Member since 2021 · 25 posts · 19 votes

Im 19 I've been passionate about real estate/investing since 15. I want to get my foot in the door but I'm a mechanic straight out of high school and dont necessarily plan on going to college. I wanted to know if anyone had any advice on an internship or starter job for someone entering real estate with the end goal of owning rental properties to retire? I am here to lean not to earn as of now.

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  • Accountant · New York NY, USA · Member since 2023 · 209 posts · 26 votes
    3y

    Many people have the wrong conception college doesn't pay off. It's not just about the education, you meet new friends/connections, go through problems, build character, learn through experiences. Statistically speaking, those who attend college earn more than those who do not. If you are truly committed, don't party and do drugs. Use your spare time to stay laser focused on building a side-business. But, don't ruin your entire career path based on misconception that you'll get ahead. You may, but it makes it 1000X more difficult. Just my two cents. Stay humble, work hard, train hard, make yourself proud.

  • JD MartinBusiness Member
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    Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
    3y
    Quote from @Matthew Newsom:

    Im 19 I've been passionate about real estate/investing since 15. I want to get my foot in the door but I'm a mechanic straight out of high school and dont necessarily plan on going to college. I wanted to know if anyone had any advice on an internship or starter job for someone entering real estate with the end goal of owning rental properties to retire? I am here to lean not to earn as of now.


     Pick a trade, any trade. Work it and learn it. You'll not only get to know a big part of any property - plumbing, electrical, HVAC, etc - you'll also be working alongside others working on houses who can share experience and knowledge. If I was picking one it would be working with/for a carpenter, who will do a lot of framing & new construction and can teach you some really valuable skills. Second choice would be electrical, then plumbing or HVAC. There are other trades you can work - drywall, insulation, roofing, etc - but they involve a lot of grunt work because a good part of those jobs is just hauling heavy materials and putting them up. 

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