Getting started!

Hey Drake! I was in your shoes a couple months ago when I first got started. I'm 19, so I had the exact same problems. I probably can't give you the advice/answers you are entirely looking for, but I can give you some ideas! In terms of credit, sign up for a credit card if you don't already have one-- and use it for some purchases, and then pay it off in full each month. GREAT way to boost the credit/get it started in getting an established credit score. In regard to the age, I partnered with my Dad, basically just so the bank could "come after him" in case I defaulted on the loan. I had money in the bank like you, but no income as a student-- which will be a red flag to the banks even if you could afford to buy/finance the properties with cash.

What really helped me was finding a great real estate agent. I got tired of sitting on the sidelines, and just walked into a realtor's office one afternoon, and told them what I was looking to do, and asked if they had anyone who would have the time/would like to work with me. To make a long story short-- I eventually met a guy whom I still work with and talk to everyday. We're so close now, it's actually pretty funny.

At our age, a lot of people might not take us seriously, but there are a handful that will get extremely inspired to see guys our age that want to make a name for ourselves, and are already s interested in real estate. If there's one tip I can give, it's that. Gradually build a team one at a time. Those people you meet that don't take you seriously-- don't worry about them. Just keep focused, and look ahead. After I bought my first rental house, there were two bankers who didn't take me seriously at first-- pretty much begging to finance my next projects. Be nice to everybody and keep your head up, and you can get started and achieve great results!

These guys are inspiring! I'm impressed! I wonder how they're doing now?

I seen this post is a few years old, You should give us a update on where you are now. This will be amazing and would love to see how this system developed and work out for you.