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How do i get into real estate as a 16 year old high school student?

I am a junior in high school, i have been wanting to get into the real estate business for a couple years now but have no idea where to start, and have little to no real estate experience. I have lots of time but no idea where to even begin.

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Steve’s Answer

I would start by educating yourself on basic real estate terminology and concepts, there are many books and websites that will help to understand the basics of real estate investing - how properties are valued, acquired, financed and operated to produce cash flow. Math skills are critical in real estate investment, see if your high school offers a course that introduces you to basic finance and investment concepts like present and future value calculations, time value of money, budgeting, etc. (I remember taking one of these in high school). Next I'd try to find a local landlord as a mentor - pay attention to signage around shopping centers and apartment buildings in your area, often times they have contact information for property owners. See if you can contact these people to discuss their investments, how they acquired them, what is involved in operating them, mistakes they've made and successes they've had - I'm sure they'd be eager to share their knowledge with a young person who is aspiring to be in their shoes. This may even provide an opportunity for a part time job, where you'll get some hands on experience. As you approach college, I'd look at schools that have real estate coursework programs that will help further build your skills and network. Good luck!
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Vasilios (Vas)’s Answer

Hello there! It's truly commendable that you're showing such curiosity while still in high school. I would advise you to begin collecting information from diverse sources. Dive into some books on both commercial and residential real estate. Alongside books, why not explore the internet for how real estate investments are evaluated?

Creating a LinkedIn profile could be another positive step. It would allow you to connect with professionals in the real estate industry. Lastly, if you're considering college, it would be beneficial to know which institutions offer real estate as a major or minor. This could provide you with an opportunity to further your education and establish connections within the industry. Keep going - you're on the right track!
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Sterling’s Answer

As a high school student, lucky for you, you have plenty of time. I'm making the assumption (right or wrong) that you're interested more on the commercial/investing side of the real estate business, instead of a career being a residential real estate agent. If you can (not easy), you can try to find an internship for high school students at a local brokerage/investment shop. That will take some googling, as well as likely cold emailing/calling, unless you have any family/friend's parents in the industry already. As a high school student, even getting to shadow (for free) somewhere for a couple hours every week or two would give you a better sense for the industry and what goes on. If nothing else and being only in high school, even working a construction job for the summer could be valuable in giving you a sense for how development projects work, and thinking through the location and design decisions that the company developing the property makes.
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Felicia’s Answer

Find a mentor in the Real Estate profession and share your interest. There are quite a few roles you can have without a Real Estate License. Once there, soak up as much as you can.
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Matty’s Answer

I concur with Felicia's earlier comment! Find a local real estate agency and make a point to introduce yourself in person. Share your enthusiasm for the real estate sector and inquire about any potential roles or tasks you could perform for them. This could also be a great opportunity to gain insight into how to prepare for a real estate licensing exam in your state in the future. I would also suggest beginning to establish relationships with staff at nearby banks and independent mortgage firms. Cultivating these relationships and networks will prove beneficial in the long run, as they could potentially provide referrals once you become an active agent.
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