Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

60
Posts
7
Votes
Glenn Gayet
  • St. Petersburg, FL
7
Votes |
60
Posts

B2B Residential vs Commercial

Glenn Gayet
  • St. Petersburg, FL
Posted
I am just around the corner from taking my Real estate licensing test and I am not exactly sure which direction I would like to head in at the moment. I do plan on eventually getting into commercial regardless. I also plan to move in 2-3 years. Residential: A B2B version of residential, working for a transactional brokerage, selling crappy houses to rehabbers and 1-4 family houses to buy and hold investors. The advantages of this would be the option to do BPOs and the possibility for more frequent transactions. Commercial: Focus on the investment property sector. The advantages would be better training and B2B on all sides of the transaction. I do think I'm better suited for B2B and as I said I do plan on getting into commercial eventually. I don't have enough money saved up to go a long time without cash in commercial but I could drive Uber. Any feedback would be appreciated. Thank you.

Most Popular Reply

User Stats

478
Posts
388
Votes
Chris Tracy
  • Specialist
  • Plainville, CT
388
Votes |
478
Posts
Chris Tracy
  • Specialist
  • Plainville, CT
Replied

@Glenn Gayet- Go with your passion (cliche I know), but true.  I've been down the road you are describing and it sounds good on paper, but in reality what is going to probably happen is you're going to be pulled in various directions trying to chase the dice.  I would focus on one direction or the other.  Work with people that flip houses or work with investors looking for commercial deals.  There are only so many hours in the day and we only have so much energy, and I'm guessing that you enjoy having a personal life, etc.  Clients don't want a real estate agent to help them who is a jack of all trades- they want someone who is an expert and specialist in a market... like a neurosurgeon.  If I were you since it appears your passion is commercial... make friends with the investor groups in this forum, drive for Uber so you can eat and focus on bringing people deals.  Then you will eventually learn how to BUY properties and get off of the brokering hamster wheel.  That's where the real magic happens.

Loading replies...