Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago,

User Stats

10
Posts
2
Votes
Joshua Morales
  • Cheyenne, WY
2
Votes |
10
Posts

Plan for Starting Out...advice appreciated!

Joshua Morales
  • Cheyenne, WY
Posted

I've read the Ultimate Beginner's Guide several times, listened to several podcasts (and plan to keep listening to them), and have run over this broad strategy several times. Let me know how it looks, advice, whatever!

My plan is to become a real estate agent and learn a lot of the business and networking through that avenue. Ideally I will have 6 months expenses saved before making that move. I plan to use that to my advantage as an investor with access to the MLS, properties, etc. Eventually as I get a good foundation as an agent I would like to flip homes for cash and use that to invest in SFR properties. My ultimate goal is to build a strong base with SFR's and use flips to provide extra cash. Long term thinking I would keep my license just to maintain access to the MLS, etc.

I want to become an agent because it would allow me time to dive into the industry and learn while still holding a job. My current job has me commuting and in the office up to 14 hrs/day. Being a local agent would allow me to have more time to learn, grow, and work on future deals.

Does that sound realistic? I'm in the Cheyenne/Northern Colorado region and I know it's pretty expensive out here. Any thoughts or words of wisdom?

Loading replies...