Question:

Money from Real Estate?

In what ways can an 18 year old earn money from real estate? Or at least start getting involved?

Answer:

Good okorder Best of Luck.
In Texas you could become an agent. An agent can manage property or help people buy and sell property or you can work for a more experienced agent as a part of their team. You could also buy and sell property for your own account at that age.
Your not able to buy real estate because you would need a mortage loan. They want 3 years of work history.. Now if you bought property from a private person and he is willing to write a land contract. That is possible. Most want 30% down and a monthly payment schedule-- Probable 20% interest. The problem is that if you miss one payment or it is late he can keep the property and all the money -- cause you broke the contract...

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