Is it possible to start investing in CRE when I turn 18? Need serious advice
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[{"id": "hrm8zkt", "text": "Yes, have money, credit and experience", "replies": [], "depth": 1}, {"id": "hrmbmg0", "text": "Money talks, bullshit walks.", "replies": [], "depth": 1}, {"id": "hrmfyzc", "text": "So you bring nothing to the table? Unless I am missing something", "replies": [], "depth": 1}, {"id": "hrmo0py", "text": "I assume this is a troll post.\n\nIf somehow not, answer is \"No.\"", "replies": [], "depth": 1}, {"id": "hrn5g2j", "text": "No, go home.", "replies": [], "depth": 1}, {"id": "hrn8mg4", "text": "Wow, a legitimate question with a bunch of bullshit answers. I bought my first commercial property at age 25. With that being said, the answer is no. You need to get a job to make money and get experience. For example, become a commercial real estate agent. Even if the only thing you can get right away is an internship at a commercial real estate brokerage. Start there and work your way up. If you can get good at finding deals, the sky is the limit. Hope this helps.", "replies": [{"id": "hrnplp8", "text": "This is it", "replies": [], "depth": 2}, {"id": "hrnw9b6", "text": "Get good at finding deals seems to be almost 100% of the game.", "replies": [{"id": "hro355j", "text": "Bingo", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hrnzao3", "text": "Does every 18 year old want to invest in cre? That's like a middle schooler wanting to go play in the NBA without ever picking up a basketball (okay not really but almost)  This is a expensive and difficult asset. Tons of competition and hurdles. You need reps and money. I was always told work and save money till you can buy Single family rentals. Work on those and eventually get up to duplexes. Then you can try commercial real estate.", "replies": [{"id": "hro4ftt", "text": "This is the exact route that I took. After graduating from college, I started working as a commercial real estate agent to make money and build connections. In the meantime, I purchased 3 duplexes then finally made my first commercial real estate purchase. A small flex industrial building occupied by Safelite Auto Glass.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hronwc6", "text": "I suppose it\u2019s possible to find mixed units with commercial tenants that qualify for FH we A. But you need to build decent credit and some w2 income. Use BP strategies (house hacking, brrrr) and the cheat code that government lending programs provide to US citizens compared to what\u2019s available to us living abroad.   \n\nMy advice is to get a job in the industry, invest savings in publicly listed real estate vehicles if you want the exposure and build credit. Start with a resi deal or five to build equity and then broaden exposure to other asset classes once you\u2019ve build some bank and educated yourself.\n\nWelcome! RE is a lot of fun", "replies": [], "depth": 1}]