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Updated about 12 years ago,
New College Grad- Commercial or Residential??
Greetings BPers!
Looking for some feedback from you seasoned veterans out there...
I'm at a crossroads in my life right now. Just completed my degree in Business/Entrepreneurship from San Jose State and passed the real estate exam last week.
Now, I'm looking to maximize my productivity as either a commercial or residential agent. I could never slave away at a 9-5, so sales is the path for me, no doubt. The question is, would residential or commercial sales be the most prudent decision? I do have quite a bit of experience coming out of college. Started private lending biz with a couple partners, completed a couple dozen deals, mostly discounted notes and investment properties in PA and OH. Small deals for the most part, usually less than 25k each. But I think this still gives me an edge coming out of college, when compared with most other recent grads.
My goal is to have 5k passive income from rental units before I turn 30, giving me a 6 year time frame. So, would the career path of a commercial or residential broker be best suited to help me in my pursuit of acquiring a sizable rental portfolio over the next 6 years?
Thanks!