All Forum Posts by: Josiah Patrick Zebarth

@Marcos Paulo Cerra

Hey, thanks for the help. Just wondering, how helpful do you think your degree is going to be for getting a job? Will you be making a lot more than your friends who didn’t go? And I’ve heard the networking is great in college, did you feel that was true in your experience.

Greetings BP,

I’m 17 years old rookie investor. I got into real estate almost a year ago, I’ve read the classics (Rich Dad, Poor Dad; Think and Grow Rich; Richest man in Babylon) and many other more real estate specific books. I devoutly listen to the BiggerPockets Podcast, while I work as a home construction repair guy. And now I’ve accumulated a little over $2,000 up to this point.

But, that is my problem. I’m sick at this point and not entirely sure of the next best step.

My opinion on college is that it would kind of be a waste of time and money. I think about all I could do with four years and $40,000+ dollars to invest. Also, I believe with the extra time I could spend more time getting the right kind of education ( real estate investing).

But, I still don’t know of the best opportunities outside of college. There are trades like plumbing/ electrical; and also beneficial jobs like a salesman or real estate agent. I’d want to move from Denver, to possibly a more cash flow friendly market like Indianapolis or Kansas City. I’m curious to hear what would be the suggested path, and what has working for you guys. I’m grateful for any thoughts, thanks.

@Frank Wong Absolutely, I agree with you that Real Estate Investor can not be just a job, one has. Here is my plan, I will have generated $17,050, by the time I’m 19, through jobs such as a car mechanic, or any other job which is developing a skill. With this money and experience in the work force I move to a better market than where I live currently, ( the market can change dramatically in the next few years, so I won’t specify a specific place). I purchase my first house, using 3%, for first time home buyers,( good credit, and a job will be needed). Then rent out the basement and generate enough money to cover the mortgage. A year later, I move out and again by a house, 3% down. This enables me to use a Lease Option on my first property, creating cash flow. From this point on, I continue my day job and consistently duplicate my results, using partnerships, until I have acquired 25 properties, and possess passive income.

This strategy, I believe, is one that side steps college and still creates wealth through Real Estate Investing.

@Joseph Ghobrial I’m definitely committed to Real Estate Investing, I’ve read 5 books now and have attended 2 live events. I can firmly say that I will not follow the hours for dollars system that is already broken. Real Estate is simply the best money-making strategy out there.

Hey, so I’m still in high school and I’m trying to figure out if I should go to college or go directly into Real Estate. I’ve heard the the college degree is losing its value and I would have college debt to start.