I'm 16 and want to invest in real estate when I'm older how should I go about it? I know I can’t buy anything yet, but I want to use the next few years to learn and set myself up to start as soon as I can. I’ve been putting pretty much all the money I earned over the last 2 years into a taxable brokerage account, and with a lot of luck, I’ve grown it to around $17,000. My long-term goal is to buy rental property. I’d love advice on: What I should be learning or doing right now to prepare Whether college or a certain type of job helps in this space What you wish you had done early on to get started sooner Thanks in advance! submitted by /u/Abject-Ad-7372 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lpqywi/im_16_and_want_to_invest_in_real_estate_when_im/

I am looking for a new apartment locally to start my first sales job. Pretty much the only affordable places that aren't in the hood around here have income restrictions that I would technically meet with my base salary. However I talked to a couple property managers and they told me I wouldn't qualify because of my commission/total OTE if though it's variable and not guaranteed? Hypothetically I could go a full year and make $0 in commission Is there any course of action I can take here? submitted by /u/Curious_Goerge [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lpqbei/income_restrictions/

I'm mainly just curious but my family was thinking about possibly purchasing land in Eastern Tennessee for a family vacation spot. We go up there semi often throughout the year for reunions and such. Looking at the 5+acre properties on the usual websites they're all like $50,000 and up. Even the undeveloped properties. My mom was hoping for something with that acreage for $25,000 - $45,000. I'm just not sure how feasible that price range is tbh. Why are these properties so expensive? Even in the real small rural towns. submitted by /u/DistinctJob7494 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lpovxg/why_are_the_5_acre_properties_in_east_tennessee/

I'm getting pushback from another owner as he wants to sell our commercial building in CA. I don't want to sell and would like to offer him a buyout. We have one unit vacant and I have an applicant who is ready to sign. The other owner says he objects to leasing the unit as it will bring down the value with a long term tenant if we try and sell the building. I don't want to sell and want to offer him a buyout. Ownership structure - One LLC owning 50% (my family), 2 additional family trusts owning 25% each. There's no management agreement or any operator agreement as this property has been passed down through inheritance. QUESTION 1 - Can I sign a new tenant lease without his signature (just mine) or can he stop me (legally) from leasing out the unit, just because he objects and wants to keep the unit vacant for a potential sale? I'm thinking I sign, the tenant signs, takes possession and he can object all he wants. Then what? FYI - in the past he had signed leas...

I am looking for a new apartment locally to start my first sales job. Pretty much the only affordable places that aren't in the hood around here have income restrictions that I would technically meet with my base salary. However I talked to a couple property managers and they told me I wouldn't qualify because of my commission/total OTE if though it's variable and not guaranteed? Hypothetically I could go a full year and not even make half of my variable commission. Is there any course of action I can take here? submitted by /u/Curious_Goerge [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1lov0nc/income_restrictions/