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Updated over 7 years ago on . Most recent reply
Becoming a Real Estate Agent?
Hello everyone my name is Saul Arredondo I'm 23 years old and im working a job that i only make roughly 25k a year.
I've been learning about real estate investing for only few month and I see this as a way to financial freedom.
Today I decided to invest in getting my real estate license.
I decided to do it because I want to get an insight into real estate and I see I can learn even more. I see it that if I get my license and work hard in it I can make more money than my current W2.
Currently I'm reading SET FOR LIFE by Scott Trench and if you have read it youll know its for the average medium earner of 50k a year. He shows how to be frugal and save 25k. How am I going to save my whole income. My only option is to change my job... I really like the book because it's showing me how to be frugal and how I should scale my income. So since I want to be a real estate investor. I can start off by changing my current situation and becoming an agent.
I am curious if any have been in my situation and if so how do you manage it. Also I live in southern California and was wondering if there is better real estate firm than others.
Thank you for your input and have a great day
Saul Arredondo
Most Popular Reply
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Hi @Saul Arredondo,
Welcome!
Each Real Estate Brokerage will offer different things. Some will have lower splits and a lot of training. Some will have high splits, but if you want to staple 2 pieces of paper, expect to get charged for the staple. It's a good idea to go talk with a few of them and see what they offer. In the beginning I would recommend one with training and mentors to get into the game.
Good Luck!
- Mike Cumbie