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All Forum Posts by: Aqeel Muhammad

Aqeel Muhammad has started 1 posts and replied 4 times.

@Account Closed Thank you once again John for such an insightful response. House hacking and utilizing an owner occupied property for my first investment sounds like a great idea and I will definitely start working on gaining more knowledge on how to successfully execute a house hack after getting a solid income established. 

@Patrick

@Patrick Menefee Thank you for your response also! I definitely plan to start finding more local individuals who are currently active and building relationships with these individuals to learn as much as possible. In addition, I plan to contribute more to bigger pocket forums as a beginner to gain a solid foundation of knowledge.

Thank you all for the great advise!

@Jose L Torres My plan would've been to give myself a 6 month to 12 month window to learn as much as possible before transitioning into the industry full time. After talking to a few local agents I have definitely learned that it is not a part time kind of business and it will take lots of effort and persistence to succeed. Do you believe working as a part time agent with the intent to become a full time agent within a 6 - 12 month period of time be a good idea?

@John Barrett & @Joshua Baker Thank you guys for bringing up the idea of taking another route! When it comes to building a portfolio from the ground up, how is having a strong w2 income in comparison to a 1099 income more beneficial for investing ? In other words, will a w2 income make the process of getting loans for investment properties easier than a 1099 income?

Aqeel Muhammad 

Hello Everyone,

I am new to bigger pockets and have recently graduated with a BA in Human Development from Washington State University and I have recently relocated back to Las Vegas where I am originally from and have always had a passion for real estate. I was not a huge fan of school but decided to complete my education because of the financial assistance and the opportunity to obtain a degree with no debt.

Similar to many biggerpocket contributors, my long term goal is to build a strong portfolio of properties which lead to financial freedom.

With this being said, I am currently interested in finding a career within the real estate industry which will provide me with knowledge and a strong opportunity for a high income.

As I have read on many forums, it seems to be beneficial to become an agent but my question is:

  1. Which real estate job/position will allow me to earn a consistent income at first, in addition to gain knowledge on the job to save some money for the startup cost (education, license, marketing, etc.) of becoming an agent before diving in full-time as an agent?
  2. Will it be beneficial to work part-time as an agent alongside my job for 6 months to 1 year to gain some experience before diving in full-time? What is the most efficient way to transition from a part-time agent to full-time?