Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Best Way To Get Into Real Estate!!!!
Hey guys, so recently I had a sit down with a real estate broker and property manager. I told him how I am young and ambitious, and told him about my plan which was to try to get a loan and open up an LLC, and look for rental properties.
He told me how a lot of young people are very ambitious, and that these ambition can blind them from a better approach.
He told me that if he was my age, he would get a real estate license, and work for a company; learn the in and outs of the industry, know what a "good deal" looks like, and learn to build your own listing; so I can have most control.
He told me that working with other agents, also under a company can give me the connections and the resume; so when time comes to invest and ask for a loan, you have the backing to make yourself seem as a legitimate investor
He really opened up my eyes, and made me see a whole different approach to the real estate industry. I was hoping if any one had any additional advice. I love the idea of real estate, but I am 19 and I'm the type of person who thinks he know everything and is past his time, but I genuinely want guidance, and I really am thinking of getting my license and working under a company for a few years so I can raise capital on my own and also added benefits that come with it.
What do you guys think? P.S