This content was created by Joe Homs 949-625-4533. This content was uploaded by Joe Homs 949-625-4533. This is a YouTube video titled "How To Invest In Real Estate At A Young Age" (uploaded July 6, 2021). It is a first‑person instructional/promo video by Joe Homs (949-625-4533), a broker, mentor, and investor with ~40 years of experience. Joe explains his early real‑estate background (first home at 20, first investment at 22), outlines disadvantages young investors face (little money, limited experience, distractions, poor/no credit, lack of peer support), and highlights advantages (motivation, technology, online resources, time). He recommends entry strategies—live‑in flips, small multifamily/duplex purchases using FHA loans (3.5% down, one‑year owner‑occupancy rule)—and encourages building relationships via forums (e.g., BiggerPockets), mentorship, and asking questions in comments. Metadata: YOUTUBE content, thumbnail provided, created_time 2021-07-06T21:49:46Z.
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Today's video, I'm going to show you how to invest in real estate at a young age, but you can apply these even though you're only young at heart. Coming right up. I purchased my first home when I was 20 years old. I purchased my first investment when I was 22, and this was all because of my father and the pride of ownership that he had and that he taught me. How to fix and flip homes. But what if no one around you is an investor? How would you get the experience? Well, stick around because I'm going to show you how to get started.
I want to welcome all the new subscribers to the channel.
My name is Joe. I have over 40 years of experience as a broker, mentor, and investor. I want to help the new and experienced investors, those who want to create the life they've always wanted through real estate. Please subscribe if you haven't already, and let's dive in. Let's talk.
about why investing at a young age is a great idea, but how it can be difficult. Let's talk about some disadvantages of being a young investor. Little to no money. And as you can imagine, unless you're born into a rich family, you don't have any funds to go out there and start investing. The next, obviously, with your age, is little to no life experience. The next one is that you can be easily distracted. Another one is poor credit or no credit. And that's really due to your age. If you're young, you haven't established that credit history yet. I would definitely start looking at that. The younger that you are, the better that you are building credit history.
What's your biggest fear holding you back right now? Comment below.
And the last one is really not having a support group. And I'm talking within your age group. Your friends may be interested in doing other things instead of investing in real estate, learning about real estate. Okay, let's talk about what you do have that is extremely powerful when it comes to investing. The first and key one is motivation. If you have a lot of motivation, you will be successful. Number 2 is technology. I started 40 years ago. We did not have computers. We did not have cell phones. We did not have an internet. You have technology. The 3rd one is resources— forums, blogs, meetup groups, even one-on-one with investors that are actually doing things. The fourth one is time. Being young, you should have a lot of time to do a lot of these things. Just focus, make your motivation head in the right direction. So what is the best strategy for a young investor? The first one could actually be a live and flip. This is a property that you buy at a discounted price because it was distressed. You move in and you slowly start improving the property. Over time, when it's time to sell, it's come up to the current value and more. The next one is small multifamilies. So let's say a duplex where you would live in one property and rent out the other. That way it would reduce your monthly payment to the mortgage company because you're getting rent coming in. What about the money? Yes, real estate costs money. But both of the options that I've outlined to you, there's a federal program called FHA, and you can put as little as 3.5% down on your purchase. There's rules. One of the big ones, you must live in the property for at least a year. After that, you can convert it. If it's a duplex, you can convert both of them into rentals. But FHA is a great option for a first-time investor. If you're young, get out there and start building relationships. Experienced investors like to help young, motivated investors out. Take me for example. Every Friday, I go on to the BiggerPockets forum and answer questions for investors. I've met over 300 investors from BiggerPockets and help them get started on their journey. Not all of them follow through, but I've seen some extraordinary changes in people's lives, and I'm glad to be part of that. You can build those relationships either online or in your town in person as well. Evaluate where you are, where you want to be, And the path that's going to take you there. If you're unsure of any of that, it's okay. Go post your fears, questions on online forums or groups. Go start connecting with some of those brilliant real estate minds out there. And remember, I'm always here to answer any of your questions. So please reach out anytime. If you're interested in finding a mentor, please click on this video right here. I give you an intimate look at one of my sit-downs that I have with a new investor. I know you're going to enjoy it. So see you on the next one.
