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All Forum Posts by: Shane Benson

Shane Benson has started 4 posts and replied 22 times.

I am going into my senior year in college, and confused on what to do right now. 

I own 3 single family homes, one primary house hacked, and 2 rentals. I make about $1,200 a month as an EMT. I have a real estate license and was working as a realtor making roughly 5k-mo while in school. 

I am now not wanting to represent people, as pipeline has dried up, and i hate real estate sales (got the license to represent myself/learn how real estate works). However, I love real estate investing. 

When I graduate (May 2023, 9 months from now) I plan on taking a salaried job in the real estate world, and aggressively saving everything and putting it into long term rentals. 

Right now, I feel broke. On paper I have some good equity (roughly  175k between the 3 properties). 

I have every day from 2pm-10pm M-F to be working on something (after classes 8am-1pm). 

My question is: Should I take a mundane job (like a grocery store, warehouse, restaurant $12-$14 an hour in my market) to pay bills right now? Or are there any sort of real estate related jobs I could work in those hours to support my love of real estate that are salaried. Living 100% commission is a bit too stressful for me while in school full time. 


Thank you so much for any help I may receive. 


All the best, 

Shane

I was "driving for dollars" and found a property that had been looking run down amongst a nice neighborhood. I have been looking at getting into wholesaling with a partner and I think this could be a great first deal. ARV of about 400. Needs a good amount of work.

After researching the property I discovered that the owner is in jail for a 90 year sentence, and a news article stated that the residence was permanently taken by "the police and prosecutors" 

Could someone please help me and point me in the right direction? Can this be wholesaled?