Real estate business?

Question

HI,

I'm only 13 years of age, and for some reason, i am quite interested in investing in real estate. i've read plenty of books on the subjects, even if i could only about understand about 10% of what I read. i undertsnad that at the moment that the market in this subject is falling? i was wonder if i could still make money in this market, and if i could, could you give me the main points of the how to's? and what are the risk of investing besides losing your property. i know i'm still young, and people are probably thinking this is to complicated for a kid to understand, but i belive that if i wanted to suceed in this investment, then i will. in time that is (:

Answer 1

Private REITs and Real Estate Companies

The entire real-estate world is on fire with investors right now, but one of the hottest corners is private REITs.

These obscure real-estate companies invest in all types of commercial properties from office buildings to apartments to malls. Their shares don't trade on any exchange, and they shouldn't be confused with the much larger public real-estate investment trusts.

Private REITs, which are being heavily marketed, are sold almost exclusively through financial planners and advisers. Unlike public REITs, they have a fixed price of $10 a share. After a set period of time -- usually seven to 14 years -- private REITs are either taken public or liquidated and the proceeds are distributed to investors. In the meantime, investors usually receive a hefty annual dividend of approximately 7% to 8% -- higher than most public REITs pay currently.

Answer 2

I would say that you are a very smart person.  Not only is it a high end market, at a young age, there is no better way to learn how our country functions and why it functions the way it does.

Answer 3

Real estate investment requires 4 types of knowledge to be successful.

General real property knowledge

Local market knowledge

Knowledge of people and eliciting their real needs, wants

Knowledge of the proper use of financial leverage

At 13, focus on three things, and cultivate the above sorts of knowledge for future use:

Read as much as you can about the above topics

See if you can hook up with a local firm in this business - intern for free if you need to as long as the things you're doing each day / summer provide genuine learning experiences.  

Save as much money as you can so when you are of age you can think about investing.  In the meantime, you may accumulate enough funding where you'll want to begin some small investments in real property firms' stocks.  You can focus on firms that offer investments in land alone, land development, residential real estate, commercial real estate, and a wide assortment of related areas and investments.

Answer 4

I started investing in stocks when I was 15 with 1,000 $. I'm now 17 and have 18,000 $ from stock. Real estates is too young for you to understand. However, I think you get the sense of it. Real Estates aren't doing well now a days. But certain parts are still doing well (relatively small). However, in a few years it will go back up. So buying real estates will leave you profit and its pretty safe. However, it takes time.