In high school. how can I get started?

Hello, my name is J.C. Lange and I am a senior in high school form Iowa. I have always had interest in real estate and business, and my bug has been eating at me to do SOMETHING business/ real estate related. As a high schooler this is obviously more easily said than done. Although, I do consider myself more fortunate than most high schoolers financially, considering that I have always had a job, I mow, and make money from selling cattle at fair, but, living in a small town (1,000 people), there is not much for opportunity here when it comes to real estate. I also have a heaping load of college debt coming for me. I am interested in becoming an agent, owning rental homes, and fix and flips. What should I do? I really want to get a head start on this. Thanks!

Comments

  • I would focus on one thing you want to do to get started. rentals, agent, etc. Are you close to a larger town? 
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  • I live about 45 minutes away from a large town and an hour away from a city of about 200,000.
  • Getting into investing from your position can be difficult. If you don't have the job history to qualify for loans, you will have to find a partner, which is far easier said than done when you are first starting out.

    From what I've personally experienced, what is likely going to be your best bet is becoming a successful agent first, and using the income to invest. If you are a great agent, there isn't really a limit on the income you can get. A friend of mine cleared over $120,000 in profit his first year at 21 years old, and he's on track to do over $800,000 GCI his third year of business.

    Why are you going to have a giant wave of student debt coming your way? Do you already have loans? College is often overrated, especially if this is the route you want to take.
  • I agree with Shawn. That is what I meant by focus. Become a great agent first and then invest
    Creator of Invest Four More
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  • Thank you for the comments, I really appreciate it! And BELIEVE ME I have definitely considered not actually attending college in order to get a head start on my career. Although, after interviewing agents and talking with family members I came to the conclusion that becoming a real estate at age 18 would make it difficult to get a good start when you're only 18, people wouldn't take me seriously. I also feel as though I would be missing out on such a great experience by choosing to not go to college. Please tell me all the reasons in which I'm wrong because I would LOVE to hear what you guys have to say.
  • Would like to add that I hope my comment about telling me where I'm wrong didn't seem sarcastic... After reading it, it would seem like sarcasm, but It wasnt meant to be. Just want to hear back is all.
  • No worries, sorry for the slow response. I thin you could also do both. Attend college while you get your license. https://www.facebook.com/groups/Investfourmore/?ref=bookmarks


    Creator of Invest Four More
    If you want more help with your investing, check out http://investfourmore.com/blueprint-for-successful-real-estate-investing/


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