17 year old preparing to invest at 18
Hello! I am currently 17 and am looking for some advice or knowledge pertaining to investment strategies. I have a part-time job and about $1000 throw away money, but that number can go up if I feel that it’s the smartest financial move given my circumstances. I was wondering if any of you had some advice or start up strategies to avoid or investigate. I turn 18 soon, which makes me legally able to do a lot more under my name. Any help would be greatly appreciated!
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My man Cooper!!! Its awesome youre on here networking at such a young age.
I would check out Brandon Turners book "How To Invest in Real Estate With Low & No Money Down"
But as you read it be very careful. Look more into finding a partner. You're so young I personally do not think it is necessary to put yourself in a risky spot at 18 or 19 and get a deal you have no equity in and something go wrong. I would look at meeting with local land lords at a meetup and look an interning with them. See if you can learn how to analyze a property really good and bring them to investors. Then you can either get a referral fee from them or maybe they give you part equity in the deal.