Should I get a 4 year degree?

[Hunter Nelson]

I am currently attending a community college to get my Associates degree in Business. I am wondering if it would be worth it for me to go to a 4 year college after? Or should I i complete my two years here and go straight into it? I plan on becoming a real estate agent and plan on representing buyers to start. I also would really like to find a solid Triplex or Fourplex that can cash flow to house hack, getting kind of sick of paying someone else rent every month when I could be the one collecting this “passive income.” I understand that there is far more to it than collecting a check every month, but I think the possible benefits far outweigh the work required. I was told it would be easier for me to get clients when representing the buyer because it can be hard for a young new agent (19 as of now) to gain trust when it comes to selling someone’s home. If you think I should further my education and get the 4 year, what Major? Marketing? Economics? Would I be more respected as an agent if I had a 4 year? Or will a 2 year do the same trick?

Side note: Anyone here from the Grand Forks/ Fargo North Dakota area and know of any BP meetups? Or looking to start one? Just looking to network and soak up as much information as possible.

[Sarah Brown]

I would definitely encourage you to get your 4 yr.  You can stick to Business Administration.  Most people won't select you as an agent because you have a degree, they will select you  based on your knowledge and likability.  However, getting a degree isn't just about the topic.  It teaches you HOW to think.  What are good questions you need to ask, what are some other way to look at scenarios, how can I apply some creativity to this to make it work for my client, how can I work to make this transaction work well for everyone, etc.  It's also a good backup if things don't go as planned.  Think exit strategy.  

On  side note, if you decide to become an agent you will need 2 years of solid income before you can qualify to buy a property.  SO, if you are wanting to do that sooner rather than later, it might be worth it to get a job first, and then start your RE career. 

Good luck!