Start investing in real estate at young age is one of my dreams. Some friends might keep laughing but for me it’s a possible goal with great benefits – something that everyone want to achieve. I read about this from some sources and got some ideas that could benefit us so let’s see some awesome points abut it.
I don’t think most young people get interested or aware the golden opportunities from investing in real estate. Most youth tend to go for entertainment or sports rather than thinking about how a USD55,000 property can give them double of the price in the future or learning about financial lending policies. But imagine if we could acquire a property at twenty old – the value is increasing – how much we can get when we’re thirty years old and above?
The main idea is the sooner you get started, the more you have to gain as you get older. In fact most young people don’t regard real estate as an investment. We might know a little bit about how our parents buy the house but we never see the opportunities from the deals in doing property business.
Most young people are full of energy and it is the most suitable time to work and plan as we are able to create fresh and creative ideas. Don’t wait any longer because we are physically and mentally strong to start investing and doing business at young age.
However there are some challenges to start investing at young age. The biggest problem is the financial matters – you have find the capital unless you’re getting your fund from your family or you inherit your family’s company. Besides that, we are not familiar to what kind of investment strategy in doing business. Most business people stated they are getting smart enough when they are thirties.
If you’re not that young anymore, don’t think you’re too late to start. Because business is about chances and intelligence. The important element is your idea and strategy. There is no better time than the present. And in fact some real estate investors start at their middle ages. If you think you are older and lack in experience and knowledge, find a young partner with experience and good knowledge in business and vice versa.
For young people, take your time and find a good investment in your life. Do study and find for any chance in front of your eyes. Chances are everywhere so keep looking! We young people might have to face some challenges but keep in mind there is no success without hard works and efforts.
Set your goal and remember the choice is yours. Do plan and work according to it so you can retire rich and wealthy from your real estate investments. If you have the desire, you can do it. Start to act now!
17 thoughts on “Start Investing in Real Estate Young”
Your post really a informative post in a concept of Real Estate World. And also as per my opinion you have done a good home work before writing that post.
Yeah.. for sure. Thanks! 😀
I think articles and ideas like this should be presented to kids in high school. There used to be a home economics class when I was in high school, that just taught basic life skills, like cooking, how to balance a checkbook, how to change the oil in your car and basic concepts of investing money. Most kids don’t have any idea of how much of an income you need to earn to obtain a California real estate loan. They aren’t being taught how to save money or even make money.
I agree. Besides basic education, we should expose them to the world of real estate, the most basic one at least. And I’m sure they’ll appreciate this as they’re growing up with such important knowledge.
Great ideas Nasrul. To buy a home in the USA you only need 3.5% of the purchase price as a down payment. On the $55k home you used as an example that would only be a down payment of $1925. I think with a little hard work that amount is attainable for a young person. Good Luck and keep up the good work!
Agree. And in fact money itself is not for older person. We can see a lot of young guys with huge fund nowadays. Thanks!
Although learning this in class at school most of the learning should be made at home with the parents in my opinion. There’s just so many things to cover in school these days it’s hard to imagine how they do it.
I think you’re right. As this is important to be taught in school, parents also play an important role to expose their kids to this stuff. And I guess this method works!
During school a professor once gave me some wise words… “Keep living like a student for as long as possible”. Basically this means to live below your means. Students often live with one, two, three or more housemates and it’ll save you a lot of money if you continue doing this for many years after school. I take this advice further and encourage recent graduates (who now work) to buy a house or condo, have their house-mates move in with them, and their house-mates now pay them rent. This is a great way to start a career in real estate investing. The money you make and save will be rewarding and educational.
Nice tips! Although doing business in real estate is a big one, we still have to think and act as youth. And life as young people! And that’s how we can save to invest in real estate!
Thanks, buddy! 😀
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The points you have considered are very much true.I am totally agree with this post and i think we should invest in the real estate.Thanks a lot for sharing this post with us…
I like the article really helpful.
That is a good thing to start business through investment at younger age. Many of today’s teens are quite involved in investment and they are call sometimes young professional. Just make sure, at this moment on your life if you try to be into this field you have to take all consequences if necessary. Expect the unexpected.
Now is truly the best time to invest in real estate. If prices are low, it’s a great time to buy; if prices are high, you have a lot of equity. You might think you’re too old now, but you are going to be 10 years older in another decade whether you invest or not, so just do it.
This is probably the best advice you could ever give a young person. I wish I had started earlier. I am nearly 40 now and although I have a property I am nowhere near the position that I would like to be. If only I ahd started younger.
great article…when done right, real estate is one of the best investments anyone can make and the sooner one starts the better…thanks for sharing…