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Updated over 3 years ago on . Most recent reply

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27
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Henry Peñate
4
Votes |
27
Posts

Seeking advice (Beginner)

Henry Peñate
Posted

My wife and I are on our journey to become rental properties owners , as of now our plan is to purchase our 2nd home and put our primary for rent then refinance and take a equity loan on our primary and invest in a 3rd property to also rent . While that is a work in progress I’ve set my mind to explore in a new career that’ll give me an edge as an investor in real estate . Being that I don’t have a degree I’d like to ask my fellow Houstonians for advice or recommendations on how I can further my knowledge of real estate by entering an entry level position or use my experience/work ethic in a career to help achieve that goal.

Most Popular Reply

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660
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Vijaianand Thirunageswaram
  • Real Estate Broker/Owner & Property Manager
  • Sugar Land, TX
459
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660
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Vijaianand Thirunageswaram
  • Real Estate Broker/Owner & Property Manager
  • Sugar Land, TX
Replied

@Henry Peñate If I don't mind asking what do you do now? The reason for the ask is to understand your current skill set. Are you trying to find what can you do to get competitive edge as an investor?? If so, there are lots of careers associated with Real estate which can help you and don't need degree. 

For example, RE Agent, just need to complete 180 hour of course and pass the state exam and can be agent under broker. RE Mortgage officer, you need to take 23 hours training and pass the exam and become loan officer under Mortgage broker. Similarly, Insurance agent, you can take required hours of training and pass the exam and become Personal lines or General lines agents. All these careers are inter-related and very people oriented and helps you to get an edge in investing. If you take my story, I am RE Broker being started out as an agent 11 years ago. I just got my General lines Insurance agent license and started my own insurance agency 6 months ago. With the help of these extra skills, I am able to create my own real estate business group and  I am going to leave my full time IT job end of this month.

BTW, My wife is loan officer for the last 3 years successfully after getting her license without much experience. These all helps us in building our rental portfolio and help other investors as well. I am happy to guide you in any path you want to try out.. Don't hesitate to reach out to me. 

Another path, you can try to help as an intern for investor and learn to do BRRR and flips and chart your own path that way too.. It's all up to you..

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