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What can I do at 16 to get ready for my future As of now, I try online things like dropshipping. I want to get into real estate, but need money to start.?

What can I do at 16 to get ready for my future? As of now, I try online things like dropshipping. I want to get into real estate, but need money to start.

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Subject: Career question for you

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Where's’s Answer

The best and most simple advice I can give you is this... figure out what makes you happy and the rest will fall in place.
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Jamira’s Answer

Hi Natalie, it's fantastic to see such foresight in planning your future at just 16! Do you know anyone in your family or friends circle who is already working in real estate? They could be a valuable resource for you to learn more about the field you're interested in. Another proactive step you could take is reaching out to a real estate agency or agent. Ask them about potential internships or summer jobs. This could be a great way to get your foot in the door. Remember, every step you take now is a step towards your success. Wishing you all the best on your journey!
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Ross’s Answer

It is awesome to have a clear goal of a career you want to pursue. I would recommend that rather than focusing on investing capital into real estate at this point, instead you invest your time into learning about the real estate industry and potential career opportunities. I would recommend you focus on the following:
1. Education: Begin by educating yourself about the real estate industry. Read books, take courses, and seek to understand the basic economic principles that affect the industry.
2. Networking and Mentorship: Build connections with professionals in the industry and seek a mentor. This will provide you with valuable insights, guidance, and potential opportunities. Reaching out and asking someone to be a mentor may seem intimidating, but more often than not people are more than willing to help out someone in your shoes and share their knowledge.
3. Hands-on Experience: Look for internships or part-time jobs in real estate firms. At this point in your live, the experience is more important than the paycheck. Practical experience and gaining a deeper understanding of the industry should be your top priority
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Kathy’s Answer

It's fantastic that you're just 16 and already have a career goal and a specific field of interest. I would suggest that you contact a nearby agency in your community and try to arrange a meeting with a current agent for their guidance. They can provide you with both the positives and negatives of the job. Prepare a detailed list of questions to ask them. Spend a day shadowing them, including attending an open house, to get a real feel for the job.
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Jerome’s Answer

These are great questions to ask at your age. There are so many podcast and workshops and free conferences in the space that you have mentioned. Sign up for these and network like crazy. Start building out your LinkedIn and follow others who have success in the space..

Within the gig economy, there are ways to make money to use towards those endeavors. May need to put your head down and push through some of those to get the resources you need.
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Michelle’s Answer

Hello, Natalie !

There are a few things that you can do now at age 16 to prepare you for a career in Real Estate. I would advise that you take a business class next year to familiarize yourself with what you'll be needing to have your own office. Yes, it's a lot of money for renting or purchasing an office and hiring staff.

A suggestion that I have is that you attend Open House opportunities and talk with the Real Estate professional so they can answer any questions you may have. Go with a friend to basically look at houses. Become familiar with what being a Real Estate professional is like.

I would than advise that you go for a Bachelors Degree even though most real estate people usually didn't go to college. I suggest that you do because when you begin to apply for jobs, the degree will shine compared to the applicants who didn't earn a degree. I would think about getting a degree in Business and although having the degree is not the usual route real estate professionals take, you will have personal and professional growth and meet some people that you may do business with in the future. Also, figure out where your niche will be in the Real Estate world - residential, commercial, broker, manager, own your own company, investment. Do searches on line to explore this further. That is what you can do now. By the time you graduate college, you will know where to take the necessary real estate training and when the test will be given. You need a strong business awareness as well as knowledge about real estate before you start a career.

Yes, it takes a lot of money to open a business and that may be why there are very few business owners your age. Every good career starts at step one and it's great to know that you are ready to do that.

Wishing you all the best !
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Sonya’s Answer

Hi Natalie, At 16 it's good to be thinking ahead about your future career. If you haven't done so as yet, a good idea would be to take a career match test where you can see what types of jobs your strengths and interests would be matched up with.
Since you are asking about a career in Real Estate do some research into the qualifications for getting into that field. You would need to apply for a Real Estate Salesperson License for the state you are located in. You will need to study to prepare for the test. Don't be disappointed if you don't pass it the first time. I have friends who had to take it multiple times before they passed it.
Some of the things I found are:
Age: 18 years or older to be issued a license
Residence: If you are not living in the state that you are applying for you may need an out of stat application
Honesty: You must be honest and thruthful. Conviction of a crime may result in the denial of a license.
For California there are 3 college-level courses required:
Real Estate Principles
Real Estate Practice
A third course from a list of options the state provides
You can check with local colleges or a college of your interest for the cost of each course. See if you qualify for any tuition or financial assistance by contacting the college admissions and ask for a counselor who may be able to direct you.
In my case I worked part time while attending College so I was able to pay my way through school.
I hope this is helpful.
All the best to you.
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Violetta’s Answer

This is a great question and I wish I thought of this when I was 16!
My best advice is to save- save as much money as you can! You can work a part-time job or have a side gig and still save as much as you can.
We live in a time where the Internet is used for everything- follow people on Instagram or TikTok and get advice about where to start. Attend webinars and do different research. When you are ready to buy real estate, you will need money down, money for repairs, and get a bank loan with a good rate. There are tips and tricks that you can learn about the location and the type of loans you need and the taxes you'll need to pay. Save as much as you can and you'll be on your way.
Best advice I have is this: it's ok to miss out on events or parties and focus on your future. YOU GOT THIS!
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Joel’s Answer

Hello Natalie,

It's wonderful to see your clear vision about the career path you wish to pursue. Even though I'm not a part of the Real Estate industry, I can surely suggest some steps to help you make your way into it. One of the most effective strategies right now would be to network extensively with current Real Estate professionals. Leverage your personal connections, ask your friends and family if they know anyone in the industry who could potentially help you establish a connection with a Real Estate agency. Seek out a mentor or someone whose work you can observe for a few hours to gain firsthand knowledge. Don't hesitate to visit local Real Estate offices, introduce yourself, and share your aspirations.

- Be prepared with a set of questions to ask
- Look into internships or summer jobs within Real Estate agencies
- Stay open-minded to diverse opportunities and potentially new career paths

Best of luck with your future career!
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