All
Members
Companies
Blog
Forums
Podcast
Webinars
    User Log in  /  Sign up
  • Forums
    Newest Posts Trending Discussions Followed Forums Real Estate News & Current Events General Landlording & Rental Properties Buying & Selling Real Estate Deal Analysis See All
  • Education

    Read

    BiggerPockets Blog BPInsights: Expert Analysis Guides Glossary Reviews Member Blogs

    Watch

    Webinars Video Library Financial Independence Blueprint Intro to Real Estate: Rentals

    Listen

    BiggerPockets Real Estate Podcast BiggerPockets Money Podcast BiggerPockets Business Podcast Real Estate Rookie Podcast Daily Podcast (Audio Blog)

    Topics

    Business Operations Finance Finding Deals Property Management Property Types Strategy
  • Network

    Recommended Vendors

    Real Estate Agents Mortgage Lenders Hard Money Lenders Insurance Contractors Investment Companies Build Your Team

    Search

    Members Events Jobs
  • Tools

    Calculators

    Rental Property Fix and Flip BRRRR Rehab Estimator
    Wholesaling Mortgage Payment 70% Rule Airbnb

    Services

    BPInsights: Property Insights Tenant Screening Property Management Lease Agreement Packages

    New Feature

    BPInsights (beta)

    Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood.

    Analyze a property
  • Find Deals
    Real Estate Listings Find Foreclosures External Link Ads, Jobs, and Other
  • Bookstore

    Real Estate Books

    Profit Like The Pros Bidding to Buy See all books

    Featured Book

    BiggerPockets Wealth Magazine book cover
    BiggerPockets Wealth Magazine

    Written by financial journalists and data scientists, get 60+ pages of newsworthy content, expert-driven advice, and data-backed research written in a clear way to help you navigate your tough investment decisions in an ever-changing financial climate! Subscribe today and get the Oct/Nov issue delivered to your door!

    Get the Magazine
  • Pricing
Log In Sign up
User
Quick search links
Podcast Hard Money Lenders Books
ForumsArrowStarting OutArrowWhat W2 RE related Jobs should I pursue
  • Newest Posts
    • Newest Posts
    • Unanswered Discussions
  • Trending
    • Top Discussions
    • Trending Discussions
  • Browse Forums
Search Nova
Create post

What W2 RE related Jobs should I pursue

4 Replies

  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
Rotate Log in or sign up to reply
user profile avatar
  • Posts 24
  • Votes 24

Brian Joseph
Real Estate Professional from Salem, Oregon

posted over 3 years ago

Hi guys, My goal is to work full time as an investor. I am a former operations manager in the manufacturing world. Was laid off a few months back. I think it would be valuable to work in the real estate field before getting into investing more on my own. To all the full time investors out there, what job would have been most beneficial to you when you were getting started? What avenue should I pursue? Agent? etc... 

Rotate Log in or sign up to reply
user profile avatar
  • Posts 4.4K
  • Votes 1.2K

Manolo D.
Contractor from Los Angeles, California

replied over 3 years ago

Acquisitions manager and project manager

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Managing Tenants and Residential
  • Posts 301
  • Votes 162

Rob Beardsley
Rental Property Investor from New York, NY

replied over 3 years ago

First I would ask yourself what aspect of the business are you best at or have the most natural ability. Then pursue that as a full time job. Personally I would want to work for a private equity firm or REIT on acquisitions and analysis.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 494
  • Votes 422

James C.
from Rockledge, Florida

replied over 3 years ago

Brian,

As a starting point, I'm not a full time investor. 

If you want to be a full time investor,  you need to decide what aspect of real estate you want to go with.

Investing in notes / mortgages is a very different from property. Even NPN is different from performing. Commercial is different from SFR and apartments are different from office buildings. They each have their pros and cons.

In general if you want to invest own or manage your own portfolio of properties,  AND you need W2 income an option is going to work for a large national affiliate real estate agency. You could manage multiple offices, for an owner broker or for the franchise company. Those jobs are not easy to find, but can help you understand the real estate game from the brokerage side.

Being an agent probably won't give you W2 income,  unless you get on as part of a team. That would be good, as long as the team was focused on buying and holding property, and not sales.

Working for a bank has some merits as well, loan servicing is good for the notes/mortgage end of things, but you learn a bunch about portfolio management, taxes, insurance, delinquency and a range of other topics. 

Finally, if you can get in with a mortgage company those can be good places to get to understand how deals are underwritten and put together. 

I have been in all the areas mentioned above, (except office /franchise management ) and they all contributed to my understanding of real estate. 

Again, deciding where you want to focus is the first step.

Hope that helps. 

Good luck!

Jim 

Rotate Log in or sign up to reply
user profile avatar
  • Posts 24
  • Votes 24

Brian Joseph
Real Estate Professional from Salem, Oregon

replied over 3 years ago

Thank you all so much for the input.

The direction id like to go is to build a buy and hold portfolio. Start off with a few more SFR properties and move into multi-family. My biggest challenge now is generating an income to live off of while building a portfolio. I love the idea of an acquisitions manager type position but I've had no luck finding anything like that so far. This is why I am considering becoming an agent. It seems like I could generate a decent steady income and I do have some sales experience in another industry.

Rotate Log in or sign up to reply
  • 1
Resources Read, see, and learn more!
Link Real Estate Investment Calculators
Link BiggerPockets Blog
Link Path to Purchase
Link Mortgage Loans
Link Find a Contractor
Link Real Estate Agents
Link Hard Money Lenders
Link Real Estate Listings

Top Contributors

Salvatore Lentini
Salvatore Lentini
Doylestown, PA
9.43
Score
Ciji Masser
Ciji Masser
Frederick MD
3.51
Score
Joe Villeneuve
Joe Villeneuve
Plymouth, MI
2.6
Score
Tre Irvin
Tre Irvin
Las Vegas, NV
2.55
Score
Jessica Piff
Jessica Piff
Churchville, MD
2.54
Score

Starting Out Trending Discussions

  • How do yall feel about buying a rental property all cash?
    81 Replies
  • I have $50k cash ready to invest and $50k in liquid assets.
    9 Replies
  • Active Duty Military
    4 Replies
  • Are there good cash flowing opportunities in CT?
    6 Replies
  • Rockstar Agent or Investing Agent
    4 Replies
Log in Sign up

Log in

Forgot password?

If you signed up for BiggerPockets via Facebook, you can log in with just one click!

Log in with Facebook

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Let's get started

We just need a few details to get you set up and ready to go!

Use your real name

Use at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Why create an account?

Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.

Connect with 1,000,000+ real estate investors!

Find local real estate meetups and events in your area.

Start analyzing real estate properties, we do the math for you.

It's free!

Explore

  • Membership
  • Community
  • Education
  • Marketplace
  • Tools
  • FilePlace
  • REI Resources
  • Perks
  • Glossary
  • Reviews
  • iOS App
  • Android App

Company

  • About Us
  • Press
  • Advertising
  • Careers
  • Stats
  • Contact Us

Important

  • Editorial Guidelines
  • Terms of Use
  • Rules
  • Privacy
  • FAQ

Social

  • Facebook
  • Twitter
  • YouTube
  • Instagram
© 2004-2021 BiggerPockets, LLC. All Rights Reserved.