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Updated over 4 years ago on . Most recent reply

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I'm thinking to start REI as licensed agent.

Posted

Hi, My name is Gilberto and after listening to podcasts and reading all about REI, I've decided to pursue this pathway.

I live in the Fort Lauderdale area, FL and I'm still in the "saving money" stage.

Since I lost my job for covid, I've been driving for Lyft but I'm just thinking in apply for a real state license and get a job to fast forward this process as a beginner real state agent so I can learn the perks and (hopefully) save more to buy my first property.

Any advice from you guys? Is this a good idea or there's something that I'm missing out on? 

Most Popular Reply

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Dalyn Hazell
  • Rental Property Investor
  • Springfield, MO
96
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120
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Dalyn Hazell
  • Rental Property Investor
  • Springfield, MO
Replied

@Gilberto Silva Barreto Filho I’m sorry to hear that you lost your job. Becoming a real estate agent is a great way to earn additional income, and then make it your full-time gig. However, it’s not a good short term solution, as it takes most agents 3-12 months to get a flow of leads that pays them a commission on a regular basis.

I would keep driving for Lyft as you work on your real estate license. It’s not cheap to get your license either, about $1500 per year in my state.

Getting a real estate license also sets you up great if you want to invest long-term. Let me know if you have any other questions!

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