All Forum Posts by: Aaron Fox

@Paul Ewing

Yes, that's very true. With the situation I'm in right now with a realtor on the team, we have access to the properties. But eventually when I can get out of my job I would like to get my license and learn even more through the studies involved with acquiring it.

@Matt Geerts

I love Kiyosaki! Definitely will be on the right side of that quadrant! But I agree that the top REI make more than the top REA.

@Jake Thomas

Okay, thank you. I'm not saying I don't ever want to be a realtor, just right now with starting out at a different job, I want to focus on the investor side since we already have a realtor on the team and since I don't have much time to get the license. Once my business has grown enough and I can leave my job, I will go for the license, since I want to start owning rentals in the next year.

@Jacob Pereira

Makes sense now, thank you! But that's one good thing I have starting out, financial support. My mentor will be funding the business and helping me learn, while I go out and take action. He is too busy with his other work, so he wants me to help build the business and find properties for our contractor to fix and our realtor to sell, or put properties we want to buy and hold in our portfolio.

@Joe Villeneuve

That's a good point because I feel a realtor is more confined to the brokerage firm they are working with and working only on commission, not profit and passive income.

@Jacob Pereira

In the second sentence you said REA twice. Which one should be REI?

@Joe Villeneuve

Oh okay, thank you for the clarification. That seems to be a small piece of the pie in retrospect to what you can make as an investor.

@Joe Villeneuve

Yeah I see it too! What is the splitoff you are talking about in the first example?

@David Dachtera

Investor is sounding like the route I will take.

@Russell Brazil

I didn't realize that the dropout rate is 90%, that's insane. Not saying I couldn't do it because I think I can. But I think it would be a lot harder, especially just starting out. The other thing is we have a realtor on our team already, so were set for now until we expand.

As a buy and hold it will definitely take some time but that is why I intend to flip houses first.