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Updated over 6 years ago on . Most recent reply

User Stats

40
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25
Votes
Jose Vazquez
  • Rental Property Investor
  • Reading, PA
25
Votes |
40
Posts

Quitting my job to to Real Estate full time

Jose Vazquez
  • Rental Property Investor
  • Reading, PA
Posted

I'm leaving my job in manufacturing to focus on real estate full time. I'm able to make the change because of my "house-hack." Due to the fact my living expenses are relatively low, I'm able to pursue a profession that will make me happier. I'm scheduled to take my Real Estate exam in a few weeks in order to become an agent. I love the flexibility being an agent can provide my family. I'm aware the journey will be difficult but I have faith everything will be okay with the proper education and due-dillegence. 

If anyone can give me information in regard to brokerages who provide great training that will facilitate in the success of its agents please feel free to comment below. So far I've interviewed Keller Williams. They gave me a ton of information and I loved what I heard. Any thoughts or opinions are greatly appreciated and I thank everyone in advance who take the time to respond. Thank you :)

Most Popular Reply

User Stats

2,512
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2,461
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
2,461
Votes |
2,512
Posts
Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
Replied

Be careful with quitting your W2 job. Real estate is 100% commission based and you probably will not qualify for any loans until you can show a history (usually 2 years) of stable 1099 income in real estate. You should consider starting out part time and working up from there as the startup and licensing fees can be quite exorbitant for a new agent (1k-2k) and you can easily go months without getting a paycheck.

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