Begin Investing or go for an MBA

[Octavio Alvarez]

Hello All, 

My name is Octavio. I've been interested in REI for a good while now, and I've been reading as many articles and books as I can find to get a good grasp on the subject. However, I find myself at a crossroads of sort. I've saved enough money in my bank to put down a good amount for a property(ideally to start out with a wholesale), but Im also considering doing an MBA with a concentration in real estate. I wanted to get other link-minded opinions of whats the best route to take.

I will be honest, with all the book and articles, I still feel a little timid to get started and get a property with all the risks involved. So I look at the MBA as a safer alternative. Even wholesales seem risky, given that I am in the Miami market. 

Any and all advice is welcomed!

[Sean Cole]

I'm both and MBA and a real estate investor/wholesaler.  When I began my MBA coursework, I didn't think that I'd be a full-time investor/wholesaler, but that's turned out to be the case.  I'm a much better business owner because of the MBA than I believe I'd be without it.  Would I make just as much money?  I'll never know.

What I do know, however, is that I made a couple connections there that I never would have made otherwise that have significantly improved my business through the relationship with those individuals and through their networks.  Maybe Cincinnati is more insular than Miami and you can make those kinds of connections anywhere.  

Whatever you do, don't let a bunch of strangers on the internet make life decisions for you.