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Updated about 2 years ago on . Most recent reply

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360
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Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
323
Votes |
360
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What are some good career choices for real estate investors

Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
Posted

Our sailing adventure is ending in a few months.  We plan on moving to a different (investor friendly) state and continue house hacking.  It’s almost as if we are starting life over with the benefit of having a decent portfolio and about 150k cash.

My fiancée and I plan on getting our realtor licenses but starting out I was going to find a W2 for security and ease of underwriting.

Thought it would be fun to ask the community what career paths they recommend for investors 

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
  • Most Popular Reply

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    Nate Sanow
    • I​nvestor & Agent
    • Tulsa, OK
    1,159
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    Nate Sanow
    • I​nvestor & Agent
    • Tulsa, OK
    Replied

    W2 is less necessary if you focus some of your time on finding no-low doc / DSCR / nonQM type lenders. Just friendly FYI if you really don't want the w2 and would just do it for the sake of getting a loan. You might have known that but again just FYI.

    As for careers, I had the luxury of doing a few things real estate related but not as a licensed person for years.  I was in business development for a large title company for a few years and marketing for a real estate school before that.  

    I REALLY think if you could see yourself in lending, title, leasing, being on a realtor team, anything that gets you around a high volume of real estate transactions, it is a priceless experience. I had that good fortune and it is hard to quantify.  After awhile, buying / selling property is exactly what I call it, a file, one transaction amongst many.  Not like, they don’t matter, but just that, they have a process and a flow and they will get done…it becomes really invaluable when in the heat of things as a realtor to know that background and have familiarity with the behind the scenes part of real estate.  

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