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Question:

Is real estate a good career to get into?

I'm planning on going to college (don't know what career I'm going for) but I'm wondering if real estate is a good career to get into, if it is a financially stable career, and how hard it is to get into it.

Answer:

It a kind of a sales job. You needs to be tenacious and persistent in sales. And often frustrating. Go for economic or business administration instead.
I know someone that just went to work for an estate agent in London. He was making coffees and stuff. 5 years later he got the hang of it and purchased his own house. 7 years later he owns 35 houses, each of it being worth about half a million UK pounds. In all that's about 35 million dollars but he isn't stopping, all homes are rented out and he's buying about 15 new homes every year. He has no school qualifications, he just sussed out how to get his loan from the bank for the first home and then he repeated it. He says the first one was the difficult one, now banks love to lend him money.

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