Looking for Practicality here| Where do I start honestly | Real estate Agent soon

[Luis Puello]

I am taking my real estate class in 3 weeks, and I'm working hard to pass. 

I work in IT and have 2 Full time jobs essentially. I am trying to get my money up to invest. but now that I am in this position what do I do. 

RN I am educating myself, I am looking to buy and rent and build a portfolio slowly but slowly. 

My area in boston is expensive so I am looking to buy elsewhere. There are just to many options of how to start and i just want to have something practical and stay in my buy rent niche, and build cashflow one house at a time. But I have no idea what im doing. feel like im up in a cloud reading things that im like what is going on lol

[Lawrence Potts]

Quote from @Luis Puello:

I am taking my real estate class in 3 weeks, and I'm working hard to pass. 

I work in IT and have 2 Full time jobs essentially. I am trying to get my money up to invest. but now that I am in this position what do I do. 

RN I am educating myself, I am looking to buy and rent and build a portfolio slowly but slowly. 

My area in boston is expensive so I am looking to buy elsewhere. There are just to many options of how to start and i just want to have something practical and stay in my buy rent niche, and build cashflow one house at a time. But I have no idea what im doing. feel like im up in a cloud reading things that im like what is going on lol

I’m going to second @Nathan Gesner, I’m not understanding why you are getting your license if you already have 2 full time jobs. Especially if you are already planning on investing out of state. It’s a lot of time to be a good agent and it seems you’re pretty capped at time right now as it is.

1. What’s the purpose of getting licensed? Is it to increase your income? Is it to learn more about real estate? Being licensed and being an investor are two different things: most agents are bad investors and most investors would make terrible agents 🤣

2. Sit down with a lender who invests in real estate to start with and see what your financial situation looks like. Then I’d write out your goals: what or where do you want to be in 10 years and how does real estate serve that? Don’t make the mistake that real estate is the answer to your financial problems. It won’t fix bad spending habits or lack of discipline. But it can help you get towards your goal. Then focus on the next step. Then the next. Be okay with pivoting your plan or adjusting. That’s a part of real estate.

3. Read rich dad poor dad. It’ll help you keep things simple. Real estate isn’t hard, there is complexity as you grow and things you’ll need to learn, but for starting out, keep it simple mentality is more beneficial.

Hope that helps!