
07-24-2010, 07:03 PM
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New Investor
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Join Date: Jul 2010
Posts: 1
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20 Year old needing ideas, advice, guidance
Hey everybody,
I'm new here and this forum seems like a great place to be a part of and share investment ideas. Here is some background info on me: I'm 20 years old at the moment, I have about $7000 in the bank. I work with my dad as a property manager; he buys houses and I am in charge of getting good tenants in them and once the tenants are in, I have to make sure they pay on time and handle any problems they have. My dad gives me $100 per house that I rent. I've been studying real estate investing for the past two years and know A LOT, more than the average adult in the U.S. So here is my dilemma. I don't acutally work, in the sense of I have an employer and I get paid hourly, etc. I know I should get monthly commission from my dad's rentals, but I do not. I have an intense desire to want to make money, I have all this knowledge about real estate investing but I can't seem to put it in use which is very frustrating to me. I don't work so I wont be able to get a loan from the bank. Does anybody have any ideas as to how I can put my money to use so it can start making money for me? My friend says to do internet marketing, but I barely know anything about that. I definetely want to buy silver because I will rise very sharpley in the coming years but should I put all my $7000+ into that? I am open to any ideas you fine people can offer. I said I know a lot about real estate investing but not all so feel free to share whatever you can. I have a passion to learn. Thanks so much for any help!
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