Advice on Young teens(17) interested in growing income

Advice on Young teens(17) interested in growing income

San Bernardino CA · Member since 2020 · 13 posts · 4 votes

My mind is set for real estate I'm interested in accumulating assets for (fire) I believe getting a job and or gig is a better idea... Then college

It's looks unreasonable to many

Though I see it as a possible task

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  • Rental Property Investor · Springfield, MO · Member since 2019 · 462 posts · 365 votes
    6y

    At 17... the best thing you can do is start saving and keep learning. An opportunity to make your first move in real estate will come but if you don't have the money or the knowledge you will not be able to act on it.

  • Rental Property Investor · Minneapolis, MN · Member since 2020 · 540 posts · 285 votes
    6y

    @Emily Moncada

    Take a year, I know it seems long but trust us real estate and “deals” will still be there albeit anything you’re looking at now won’t. Take a year and 1- listen to a BP Show per day, 2-cut your living expenses as much as you can believe it or not you can find $1,500/month by reducing rent & car & cutting luxury expanses and in a year you will have $18,000 - this will suck but it’s an investment!! 3-Network! On BP forums, meetups, REIAs, coffees, find your local experienced operators/NOT paid gurus and see if you can help them find deals, drive for dollars, analyze deals, line up contractors - it’s your unpaid internship to soak up as much experience as you can handle - - best of luck!!

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