Getting Started On My Journey. It is never too late!

[Jose L Torres]

Hello!

My name is Jose Torres and this is my first post here!  

They say that things in life happen for a reason.  I believe that! For the last 2 years, I have been planning on going into Real Estate Investing.  I am a former IT Professional with a nice network of contacts that I have accumulated over the years.  But I never pulled the trigger.

I was recently "downsized" so this has created an opportunity for me to go full time into real estate investing.  I figured this was my kick in the pants to get moving and follow my dreams.

So I am sitting for the Real Estate Licensing class July 8 and starting my journey.  I am really excited about doing this and have a high degree of motivation to go all in as this now will become my full time job!  Talk about motivation!!

Love to share my journey with you all.  Also appreciate any feedback or advise on the process, things you experienced getting started, best companies to go work for, etc. I am big on learning from other people's experiences.

Thank you for your comments, recommendations and suggestions on this discussion!

[John Thedford]

@Jose L Torres congratulations on passing the test. You can set yourself up as a PA. That is what I did in the past. Now, you have the opportunity to start making some money! Buy the deals and list the rest. Remember, you must disclose you are a licensee. I have found this to be a benefit when dealing with the public. When purchasing for myself, I always put a disclosure in the contract something like this> buyer is a licensed agent, purchasing under market value, and with a profit motive. There is NO need to mislead sellers on value when buying for yourself. I have had sellers accept 40K less for a quick sale rather than listing for the higher price. It boils down to motivation. That seller actually had to bring 70K to the table to sell the property to me! In another instance I purchased a MLS listed property at 169K for 136K. I set up all of my properties as buy and hold income stream producers. Buy the deals---list the rest. Good luck!