Jobs That Synergize With Value Add REI

[Trystan Fuglseth]

Hey so i've got a question that I'll try to make short. I turn 18 in 46 days and I'll have 15k cash and 10k in motorcycles that I'll probably sell. My long term goal is to become a full time value add investor. Buy a house hack then start flipping and keep progressing on the journey. I want to get a new job when I turn 18 that synergizes with real estate, Specifically with what I want to do within REI. I have considered becoming a property manager, real estate agent, or what ive been heavily considering is just doing construction and gaining the knowledge and skill to be a GC. I know a couple successful wholesalers and have thought about giving it a shot but it has always seemed a little sketchy to me. If you were in my position how would you start in this industry? I've been feeling a little lost lately, any advice or suggestions would be deeply appreciated.

[Brady Potts]

Take a peek at the title insurance industry. Im not sure if you need to be an attorney in ND, you don't in MT. Normally, there are only a few companies per county. As an examiner or closing agent you understand the intricacies of transactions, and see exponentially more real life deals than in any other profession. If there are 4 title companies in a county, you theoretically could lay eyes on 25% of all transactions that happen. Also, you get face to face contact with all the players in the industry. Leverage that by being exceptional at the job, and build those relationships. Those are the real value in the REI game. As an added bonus, you might come across deals before they hit the market, or connect with listing agents who can refer you to investor specials.

Happy to chat about my experience if you would like.

Cheers!