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Updated about 7 years ago on . Most recent reply

Account Closed
  • Raleigh, NC
25
Votes |
80
Posts

I Passed!!! Now what?

Account Closed
  • Raleigh, NC
Posted

Hi Everyone!  So, I am a full time teacher and in the last year got very interested in real estate.  I LOVE the idea of investing and even tried the wholesaling for a bit.  However, I felt I needed more knowledge and credibility.  I now have passed and am awaiting my confirmation via mail any day now.

I want to quit teaching and start full time with Real Estate ( in the next few months).  I need some practical How To knowledge on getting started.  Any and all advice welcome and appreciated!!

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,108
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I would think being a full time teacher is rewarding, no?  Also took a 4yr degree, a lot of expense and licensing to obtain?

It is super super difficult to qualify for loans without a job.  Having a license to sell RE is nice if you want to do that full time or purchase more than about 4 places a year, but the course work and training you just went through have very little to do with actual investing.

I would finish out the school year and dabble in RE before actually quitting teaching mid-year @Account Closed  You can always decide to quit over the summer.  My $.02

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