How to Invest in Real Estate WHILE in College (It’s Possible!)
Summary
This article discusses how a college student built a sizable real estate portfolio by focusing on Section 8 rentals and building a strong team. Hosts can learn from this approach by focusing on market research, finding deals, and assembling a reliable team to manage properties effectively, even remotely.
Key Insights
- •The investor used the Section 8 investing strategy to mitigate risk and earn consistent rent checks, earning over $600 in monthly cash flow.
- •The investor built a team including a real estate agent and used cold calling to find someone to help them, and then used them to build the rest of their team.
Action Items
- ✓Hosts should prioritize thorough market research to find affordable properties in high-demand areas.Effort: mediumImpact: medium
- ✓Consider building a reliable team, including a real estate agent, lenders, and contractors to manage properties.Effort: mediumImpact: high
Tools & Resources
- →BiggerPockets: The investor used the BiggerPockets website.(biggerpockets.com)
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Curated by Learn STR by GoStudioM