Hi, I'm currently in the Army and after 1 year in afghanastan I've decided I do not want to re enlist. Not that I ever intended to. But getting out in a few months. So I've decided to get a career started. I'm looking into real estate because although I've heard its not a great market right now. Seems like something id be good at. Meeting people, helping them find a home. I've always wanted a job that I can dress professionaly and present my self well. I don't have any college. Joind the army straight out of high school. Didn't take advantage of schooling unfortunately. But I don't cry over spilt milk. Does that hurt my chances at geting into the field and/or being successsful? what does it take to be successful and do well? Also what are the benifits and negatives of the job? How far up can you get in this feild?Any advice is helpful and welcome.
I am going to ought to agree and say this isn't most often a well plan. However, it isn't ALWAYS a fully dangerous quandary. If you discover the proper cut price and that's the one approach that you'll finance it, you may also desire to take that bounce. I have obvious it performed effectually on estate ladder. People normally finance the rehab with bank cards. If you might get a nil% fee for year (now not distinct) it could be even greater. You ought to be ready for the failure even though. What are the choices if the estate does not promote? I could pass no better than 50% mortgage to importance for certain. That approach in the event you ought to refi or sell off the estate you'll. Again, this can be a very dicy scheme. Not certain I could propose it for a primary time flipper. Don't omit that you are going to have extra bills if you get the apartment. It goes to wish a few paintings.
It's not a job, Kevin. It's your own business. You will need enough money in the bank to live on for the first year or two, plus at least $5000 to get started (classes, advertising, office supplies, MLS dues, etc.) And you will need lots of persistence and the ability to handle lots of rejection. Most people who start as real estate agents do not make it through their second year. Schooling is irrelevant, except that you need very clear communication skills, both written and oral. How far can you go? You can own your own company with agents working under you, you can make plenty of money just selling real estate - commercial is more lucrative but also much more difficult than residential, you can purchase your own investment properties. And there are tons of related jobs in mortgage, title, appraisal, inspection, developing, property management, etc.
