All Forum Posts by: Seth Hersom

I could even take the exam and just remain an inactive agent, and that wouldn't cost me much money, would it? Also wondering how much time I would need to put in to potentially sell a few houses while going to school full time next year (although I know there's not necessarily a clear answer to that question).

I'm 20 years old (going on 21 shortly), and I have one, maybe two years left of schooling. I'm currently taking a semester off for a Commercial Real Estate internship, and I've been thinking about getting my RE Agent License.

I'll be going back to school in the Fall of 2016 (more than likely will graduate May of 2017). What I'm wondering is if I should go through all of the pre-license courses and take the exam while I don't have as much going on during this internship. Do you think it would be worth it for me to pay the broker fees when I go back to school to try to sell during my last year? Or should I just remain inactive until I get out of school? Ultimately, I want the license for the purpose of investing, but it interests me, so I wouldn't mind also doing it part time!

Maybe I should just wait to do it until I graduate, but that's why I'm here. I just don't want to put down the money/time now if it's something that might be better for me to wait for. Let me know what you think, or if you want any more details about my situation, thanks!

I am a student with 2-3 year of schooling left. I take out federal student loans which is the only debt I have. Is the only way to get a loan for a rental property through private lendors? Or what is the best way to secure a loan with out ridiculous interest rates.

Ideally I would like to get a duplex/small house at college where I could live with friends (and rent the other half out if I could get a duplex).

Thanks everyone this has all been very helpful!

I actually do have a partner in this. We are both very motivated and are bound to get things rolling and to not let this motivation pass and give up on this.

What does anyone recommend we be looking at for our first acquisition?

Assume we have approximately $15,000 to put down.

So would you recommend going into Advisory? Right now I am doing an Internal Audit internship, and I am far from sold on the Audit side. Looking to do a winter tax internship to see the tax side of things, and potentially an advisory internship next summer with one of the Big 4. Just wondering where you think would add the most value.

I am a junior in college at the University of Northern Iowa. Currently I am a Accounting & Finance major and on track to take the CPA exam the spring of 2018. My first question is: Is the CPA route the route I should go? Or should I add a Real Estate major and track more towards the real estate business to learn more. I am not sold on being a public accountant, and I don't plan on staying there for very long if I do go that way. I have always had my eyes set on Real Estate, and I get excited when reading and thinking about getting in the business (and not just because of the money).

In the next 5 years, I would like to own at least a few rental properties alongside working a full time job. My end game would be to quit my full time job and be a landlord full time. I have been reading all kinds of blogs, books, and listening to podcasts, but I still don't know how to get involved at my age, or how to start saving money.

Where should I go from here?