Porto , Porto · Member since 2017 · 10 posts · 4 votes
Hey guys! I'm a new guy here, and I do have some contact with Real Estate as I was managing several Airbnb rental units, and dealt with many landlords in the process.
I'm reading the best books I find about RE (you can recommend some too), and listening to Podcasts.
But I wander if I become a Realtor myself, I'll be able to learn so much more pratical knowledge, than I get from books. Moreover, all books are focused on the United States market, and some stuff does not apply in Portugal.
I have some rental sublettings that give me a passive income that is enough to survive right now. That's important because starting realtors don't get a salary in companies like Remax and Era. But they accept pretty much anyone who's interested in being a realtor, and has decent looks and selling skills.
Being a Realtor doesn't teach you anything about investing. Just like working on computers doesn't teach me anything about buying IT stocks. Most agent training is less than 1% investor focused. What you do get out of it is direct access to the MLS and a job that lets you see more properties, analyze more deals, and hopefully build a better network.
Being a Realtor doesn't teach you anything about investing. Just like working on computers doesn't teach me anything about buying IT stocks. Most agent training is less than 1% investor focused. What you do get out of it is direct access to the MLS and a job that lets you see more properties, analyze more deals, and hopefully build a better network.
Being a Realtor doesn't teach you anything about investing. Just like working on computers doesn't teach me anything about buying IT stocks. Most agent training is less than 1% investor focused. What you do get out of it is direct access to the MLS and a job that lets you see more properties, analyze more deals, and hopefully build a better network.
Thanks for your reply Bryan. If you were in my shoes, would you do it or not?
Investor · Atlanta, GA · Member since 2014 · 65 posts · 29 votes
9y
I'd say no,,, I've had my lic. For about 10 years, I find little benefit to my RE investment side. One part however you cannot deny is you save one side of RE commissions.
Specialist · Lakewood, CO · Member since 2014 · 1k+ posts · 1k+ votes
9y
@Bruno Ferreira What do you want to do with your investing career? Many people want to be self-employed and do wholesaling or flipping, some people want to be very active with rehabbing and holding, some want to be as passive as they can with rent-ready or already filled and renovated properties. I can't help you with that since I don't have the information.
For pretty much everything that exists, a good formula is figure out what the end goal is and work backwards on how to get there, then take action.