All Forum Posts by: Christopher Raiz

@Pat G. That's wild to imagine having 100 properties at one time but that's the goal! I live in the area so I was trying to keep it close in case anything comes up at some point it's not too far of a drive and easier to manage if needed to. I'll definitely look into their websites and learn what I can from them, thank you for all your advice! Can't wait to begin my journey!

@Anastasia G. Thank you! I'll make sure to get my license ASAP!

@Pat G. Thank you for replying and your advice! 

1.My target would probably be residential to start off with, commercial I haven't done much digging into and will research into it to become more familiar with what is a near possibility in that target area but residential to begin with and commercial real estate down the road was my plan.

2. I was thinking about Lease Options for beginning, if you have any advice on lease options it'd be much appreciated or if you have recommendations for another focus for beginning that would be great!

3. Got it, useful tip! Thanks!

4. To begin I was going to start in IL and eventually spread out to bordering states.

5. In Illinois I would be looking around the Aurora/Oswego/Naperville area.

6 & 7. Gotcha, thank you for everything that you've taught me and I really do appreciate it if there's any other advice or tips that you know I'd love to hear!

@Paul Stewart Thank you for your advice! I do work full time currently at a law firm as well as college as a part time student. I’ve been working there for about 2 years and make about 2k a month. Also where would be the best places to search for local investors? The connections I have are through personal connections. Lastly I have not met with a mortgage broker.

I’m 19, I have 5k saved, credit built for nearly a year and I’m eager to get into the real estate business but I don’t know where to exactly start. I know people say to just jump in otherwise all the knowledge I’ve learned is useless without action, but the farthest guidance I have is reading books on all the different types of investing into real estate lease options, flipping, the step-by-steps, and the mindset.

I have a couple connections to a few real estate agents that have been successful in their craft (one is the top real estate agent in their company they work for and the others are entrepreneurs) and have yet to discuss with them but I just would like to know if anyone has any helpful advice for someone who has absolutely no experience of being out in the field.

Do I get a mentor? Do I go into it by myself and learn as I go along? Will people actually purchase/rent/lease a property from somebody who is only 19? Or even common misconceptions about real estate? (One extra question, if I invest into a house and it’s not going well and I need to back out of a financing deal I’ve made with the owner of the residence will I be able to easily?)

Thank you for any responses and advice I really appreciate it.