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
Innovative Strategies
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 about 6 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Stacy Higgins
  • Dallas, TX
1
Votes |
8
Posts

I’m 23 years old and I want to get into Real estate investing.

Stacy Higgins
  • Dallas, TX
Posted

I don’t have capital to get into Real estate but used that it’s not hard to see deals. I just want some advice on how I should start. I currently work for a company and do not make much at all.

Most Popular Reply

User Stats

617
Posts
456
Votes
Karen O.
  • NYC, NY
456
Votes |
617
Posts
Karen O.
  • NYC, NY
Replied

This question is asked often.  Look under starting out in the forums.

Answers I see often include:

Save.  Save some more.

Get a better paying job.

Get a side hustle or 2 or 3 and save that.

To learn about the RE business from the inside, get a job in RE or with those who own or support RE: a RE brokerage, construction co, mortgage co, accounting, banking, insurance, appraisal, inspection, electrician, plumber, roofer, painter, property mgmt, hardware or supply store, etc.

Go to local REIA meetings to learn and network.

Network.  Network some more.

Find a mentor.. be helpful while you learn.

Look for deals.  Run the #s.  Be cautious. It'll be scary the first time but it gets easier.  

Don't over leverage. 

House hack can be a good hands on learning experience and help you lower your housing costs.

Time is on your side.  Use it.

Remember that owning RE is not passive.  

Good luck.

Loading replies...