Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Vashist D.

Vashist D. has started 13 posts and replied 38 times.

If I wanted to land a job in property management after completing highschool/college what would I have to do to land the job. Are there any steps to building my resume or is it an easy job with little requirements. Or does it make sense to network myself as a manager and sell myself to as many investors in the area as a can as a side hustle? Also I am wondering how much I would make every month from this job on average to decide where to locate to for house hacking etc.

With the new Ai surge, there is a prediction that these jobs will have a high likely hood of being replaced. If I want to get a job in the real estate markets is this a concern? And what else can I do in order to build a good portfolio after grad school? Should I get another job with lower risk and higher pay, or push towards becoming a successful agent, lo, or salesperson in general?

Post: Moving out at 18

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1

I was wondering what it would take for me to move out from my parents place at 18, and the requirements for me to meet to do so. How much money I should have saved up, how I can qualify for a job, and if I can get a mortgage for a home. College at this point is not a good idea for me, because I have no interest in pursuing a career in medicine, law, or engineering. I would like to work in sales, property management, or loan officer until I am FI. Coming from an asian background I would end up taking on debt and losing 4 years in college because of societal norms, many influencers have repeatedly claimed college is not the move right now. 

Post: Best way to get sales experience at 16?

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1

@Michael Brattelli Maybe an MLO, agent, selling other things, and it’s an aspect that is really good to learn. I

Post: Best way to get sales experience at 16?

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1

@Michael Brattelli monroe township

Post: Best way to get sales experience at 16?

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1

I am looking to get a sales job for the experience this summer in nj, and cannot find any job that is related to sales. I looked online but the only options are restaurants and fast food. How can I get a job that is sales related or does it not matter? There are some jobs that are costumer service, and some like Aeropostale sales. Any suggestions?

Post: Agents or Realtors vs Lenders or Loan Officers

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1
Quote from @Adam Bartling:

@Vashist D. Lending can be part time, specifically with the fix n flip, rental loans.  Ambition and drive needed, no license or degree.


 Sure Ill try this upcoming summer in June

Post: Agents or Realtors vs Lenders or Loan Officers

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1
Quote from @Adam Bartling:

@Vashist D. Lending was my choice as I can work from anywhere.  You can still get into other real estate deals, off market, fix n flip, investing in syndications etc.   What state are you in?  FYI I am HIRING!


 I am in nj, and I graduate in 2-3 years. I am still deciding to become an agent, lender, or property manager, but I have lots of time before making an actual choice. 

Post: Are real estate agents going broke?

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1
Quote from @Caleb Brown:

Since you are ready to hustle I'd find an agent or something/someone in the real estate industry to tag along or intern. It can be paid or unpaid. I became an agent at 18 and it's so worth it. It gives me the money, knowledge and ability to invest and sharpen my skills. Running your own business is fun but stressful so make sure you want to go down that path. If you start now by the time you are 25 you'll be in a great place. You can also do side hustles to generate money now, personally I love flipping items to sell(on eBay or FB). With social media and the internet there is so much $$ to be made

Exactly, but what do most successful agents do when the market crashes, recession, or highly inflating? My parents are saying its in inconsistent and unreliable  income, but I think that's false because I'm young and as long as I don't debt or liabilities, I can learn to cope and network to find deals in any scenario. 

Post: Agents or Realtors vs Lenders or Loan Officers

Vashist D.Posted
  • NJ (nj)
  • Posts 38
  • Votes 1
Quote from @Nathan Gesner:
Quote from @Vashist D.:

As rents go up, the PM income goes up. It's in their best interest to keep the rents high.

Property Managers stack nickels to make money. It's a lot of small charges built up over time, but it produces steady income and can be more profitable than sales.

10% of a $1,500 rental is $150 a month. But if I manage 300 of them, it's $45,000 a month or $540,000 a year. There are expenses (employees, office, equipment, marketing, etc.) but it's still really good money.

I earn enough in property management to put me in the top 5% of all agents in my market and my income is steady, whereas their's will fluctuate.
We’ll if I go on to indeed to find jobs I see commercial property managers can make up to 100k a year, and that’s managing a commercial building with many units. But if I took a step further would it be possible to manage two buildings at the same time and making 200k a year. Basically two management jobs at the same time?