Property Manager or Real Estate Agent?

[Tyler Youtzy]

Hello all,

Im just getting into real estate investing. Im currently looking to transition my SF home into my first rental property, then proceed by purchasing 2 properties a year, one to move into with a low money down options using my VA, and then perhaps a BRRRR on the side. So basically small to start until I get the hang of it enough to work out the kinks and get a better team in place to support my goals. All that to say, I intend on scaling much larger in the future. The purpose of this post is to ask advise on which direction may be more beneficial to me on transitioning my career to be real estate oriented and have a beneficial effect on my ability to be an investor/scale my passive income.

I recently got accepted into an MBA program. I wanted to hear some opinions on how I could best use the skillset following this education to contribute to developing a more significant portfolio? Get into being a property manage and potentially set up a business to manage portfolios other than mine? Go the agent route and use the skills to more effectively organize myself to be a more effective investor? Other suggestions?

I will add that in the state of virginia, if I want to property manage for other's, I am required to have a real estate license anyway.

I dont have any hard pull towards either direction. All I know is I really enjoy everything ive experienced getting into investing, and would love to pursue it wholly. I enjoy working with people, have no problem working over a standard 40 hours a week when its something I view as a hobby, and am very goal oriented. 

[Robb Almy]

Congrats @Tyler Youtzy on the acceptance to the MBA program! Exciting!! 

While ultimately you will of course have to answer the question for yourself, I would suggest if you have not already done so, talking with some property managers about their day to day work and compare that to the work of an agent. I am sure you will find a ton of good information but to me the main difference I would see if that is there is a little more flexibility being an agent than a PM. As an agent, you will have the option of turning things up or down in terms of your real estate activity. If you are managing properties for others, there is no option. You will be "on" all the time.

I have  great PM (who is also an agent) I can connect you to so you can get some more info if you would like. Just shoot me a DM.

Best of luck and happy investing.