how much did you guys make on your first investment?

I am thinking about getting into the business, I am 16 and studying alot about real estate on my free time and I want to know how old do I have to be to start investing? And also how much have you guys made so far

You have to be 18 in most states in order to enter into a legally binding contract (contracts with minors are not typically considered valid).

It doesn’t really matter how much you make your first investment if you lose it all on your next one. Don’t try to look at each individual investment on it’s own, but rather work to make all your investments (this goes for investments other than real estate as well) work together in unison to achieve the your ultimate financial plan.

I wish at 16 I was more in tune with making a long term plan and working toward that goal. I congratulate you for that. At that age I was trying to get into other things…well lets just say my goals were different :slight_smile:

well lets just say my goals were different

Nice.

1st deal = $14,000 profit
2nd deal = $3,000 profit