If you were 18 and had $500 how would you start?

If you were 18 and had $500 how would you start?

Olney, MD · Member since 2017 · 24 posts · 13 votes
If you could go back to being 18, having only $500, what would you do to put yourself on the path to sustainable success? Would you drive for dollars? Cold call? Buy a mailing list? Buy $500 worth of books? Imagine this is your situation and you have blank slate. What would you do?
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  • Investor · Arvada, CO · Member since 2017 · 109 posts · 112 votes
    9y

    If you are talking strictly in real estate, I would probably get my real estate license and then find a great mentor to teach you about the business. You will learn a lot more about real estate than just buying and selling houses. Connect with investors, property management professionals, commercial and residential brokers to learn everything you can first hand.

    However, if it does not have to be REI I would try to find an industry or career you can be passionate about. I would go to school (trade school or college) on student loans and work my butt off studying and working (Uber, Lyft,Waiting Tables, Reffing Sports) to keep my debt low but gain an education.

  • Investor · Chicago, IL · Member since 2016 · 1k+ posts · 930 votes
    9y

    Education beyond a bachelor's degree is supremely over-rated! Invest that money into something that will get you into your career right away. RE license and training will get you moving pretty quickly.

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