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Updated almost 7 years ago on . Most recent reply
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Getting the ball rolling..
For over a year now I have been planning my entry into the real estate field. I have completed the real estate course and passed my exam. Now I am ready to sign on with a brokerage. While I have a few in mind, I would love to work with a broker or agent that is actively involved in REI.
My only condition is it would be a part time position to start due to the time frame I am looking to purchase my first property and would be holding my full time position until that point. I'm currently a full time hvac technician with my contractors license and would love to leverage my skills to help out the right investor.
I am open to suggestions and here to answer any questions.
Remember. "If you think you can or you think you can't, your right"
Most Popular Reply
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@Jeffrey VanGilder. I believe you and I have met before to discuss licensing and brokerage. I think it can make sense to use a license to aid in the REI, and align yourself with the right broker who is ok with that. The problem though being in the field you are in, is that you will never be able to "take on" a certain # of clients AND keep your job. Buyers and sellers want to work with full time real estate agents, and if you are working with client, and are not as responsive as todays consumers expect you to be, you could jeopardize your own credibility, and the brokers/agencies. I started part time and did so for a number of years, and never truly allowed myself to "expand" beyond what I knew I could handle, which is fine, but the true growth and learning comes when you decide to jump full time. I, too, had a few investment properties, that made leaving my job work. I had about 35-40% of my salary from my job in RE income, and that was enough for me. Your number will be different I am sure.
If you want to grab another phone call next week for 15 -20 minutes, please reach out to me privately and I will be happy to share some more with you. Huge decisions to make, and being too conservative will hurt you, and taking on too much risk with a newer family can do the same. I have been there, and I have come out the other side...