Real estate agent, Real estate investor or Both ?

[Account Closed]

Hello to Everyone on BG! quick question that I need some advice on, Ive been undecided if i should become a real estate agent, real estate investor or both. I got into real estate because I have been working as a laborer and managing my father's construction company for the last 4 years, I'm 21 years sophomore/junior in college studying marketing and accounting. i just don't know if i should become an agent or start investing, my real question is should i consider being an agent, will it benefit my real estate career? or should i avoid the whole agent thing and get into investing. I found a great agency that i feel comfortable in, with like minded individuals very positive and hungry attitudes. on the other hand, all though my father is very knowledgeable when it comes to construction,flipping and renovating right now we are a small business in need of capital to expand.  I see great potential working with my father as my contractor and me being in charge of the investments and management. Can i do both? should I do both? I don't know if me becoming an agent will really benefit the outcome or will it?

Please leave any advice, experiences and opinions! thanks it will be highly appreciated.

sincerely, Steven Betancurth

[Azeez K.]

Hi @Account Closed

Firstly, Congratulations on taking the first step and reaching out to the BP community with your question. 

Getting a Real Estate license is always a plus. There are lot of threads here on BP that discuss the same issue at length. Remember knowledge is power it won't hurt you and will only protect you. Education as a real estate agent will help in many ways as an investor. If you plan on investing becoming a Real Estate agent can generate additional income for your acquisitions, save money on your deals, you can use your commission as equity stake in a JV and be creative. So hands down get your license it's going to be a powerful tool in your tool belt. I would recommend that you read the Millionaire and The Millionaire Real Estate Investor by Gary Keller I think you will get a lot of value from these books.

So to answer your question:

1. Being a real estate agent will certainly benefit your career. More income, opportunities, save money on your deals etc etc. 

2. You can certainly do both and I would highly recommend doing so. I invest and have my license and it has certainly helped me in so many ways

Good Luck!