All Forum Posts by: Mindi Rosser

@Shawn Mcenteer Excellent advice! Thanks for sharing your insights. Sounds like he'll be able to do real estate deals as a side hustle while he holds down the bread-and-butter job until he figures out his niche within real estate and whether or not he wants to transition to real estate full-time. Will be sharing your experience and tips with him. Thanks a million. :)

@Shawn Mcenteer That's interesting your are also a union carpenter. Do you find that you are able to manage being a Realtor and working a full-time job simultaneously? Hubby and I have been debating whether or not he should quit his FT job as a carpenter after he gets his license.

@Shawn Mcenteer Thanks for sharing about your experience. I was also wondering if it was overkill for us both to get a license. I'm guessing he'd be the one who would be making the deals and making commissions. I'm more of the behind-the-scenes person who enjoys doing the research, learning, analysis, and doesn't mind pushing the paperwork.

I'm a newbie to BiggerPockets and am binge-listening to the podcast and webinars. Such a great resource, feel lucky to have found a credible source for information, asking questions, and networking with others.

My Background: I have a B2B marketing background with a heavy focus on social media and lead generation. Have been freelancing for several years and generating a decent income while building up my reputation within my niche. I work from home, have flexible hours, two toddlers & one teenager at home, manage the household. I want to "retire" from marketing within 10 years and am looking to pivot into real estate investing.

Hubby's Background: Union Carpenter with 10+ years of experience working in union/non-union jobs. He's also worked several odds-and-ends sales jobs throughout the years -- has a knack for working with people/sales. He wants to transition out of the trade and into real estate with me, after I started discussing our options and opportunities for investing.

History: We've discussed both becoming REALTORS® in the past and working together, because we have complementary skill sets. After what I've been reading/watching on BiggerPockets, it seems like it makes sense for new investors to get their real estate license for multiple reasons (i.e. credibility, networking, saving money on deals, finding deals, etc.) I think it will also help me/us understand the terminology and "join the club" to be taken seriously.  

Goals: We don't yet own any investment property - just our primary residence. We're interested in the BRRRR strategy - starting out with small multifamily properties. We have some funds saved towards investing, but not nearly enough to really feel comfortable and have a big enough safety net.

Question: From what I am learning, we need to start developing credibility and a network within the industry in our local area. We're planning to invest in our backyard (NWI - Northwest Indiana - suburb of Chicago). Thinking this would be a good entry point for us to get to know people, make deals, generate cash for investing. Should we both get our real estate license? Pros and cons?