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Updated over 7 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Matt Oehlsen
  • Investor
  • Fairfield, CT
3
Votes |
10
Posts

Fairfield County Realtors - Share Your Experience

Matt Oehlsen
  • Investor
  • Fairfield, CT
Posted

Need some advice from the Realtors of Fairfield County!

Currently a part time real estate investor with a few multi-family properties in the New Haven area. I live in Stamford and commute into the city every day for my full time job. I work in Advertising Sales and make a healthy 6 figure income. 

I've been thinking about changing careers to focus on real estate full time. With my background in sales, becoming a realtor feels like a great fit - especially since it would allow me to further network for my real estate investment business. 

Before I make the jump - I wanted advice from the realtors of Fairfield County: 

What are the pros and cons? 

Expected yearly income? 

Things you love and things you hate? 

Something that surprised you about the job? 

Any and all feedback is welcome. 

Thanks!

Most Popular Reply

User Stats

94
Posts
98
Votes
Kerry Mertz
  • Appraiser
  • Easton, CT
98
Votes |
94
Posts
Kerry Mertz
  • Appraiser
  • Easton, CT
Replied

My advice would be to keep your day job so that you can continue to fund your real estate projects. Once you have a large enough portfolio to cover your monthly expenses and then some, then consider making to switch to real estate full time. It's difficult to get financing when you don't have W2 income. You can partner with someone that can be more hands on with the projects and you could provide the financing.

Just curious, are you having good luck investing in the New Haven area? What towns have you focused on? I have a few buy and hold properties out of state and I'm hesitant to invest in CT because of high taxes and the economy isn't too great. Any feedback you can give me would be helpful. 

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