If you could start again in TX & have G.I Bill backing, would you

If you could start again in TX & have G.I Bill backing, would you

Dallas, TX · Member since 2015 · 3 posts · 1 vote

Would you pursued a B.S in Business Administration(B.S.B.A) with concentration in Real Estate Investment Management while at the same time working part-times as a Real Estate agent or would you pursue a different major? Would pursuing a B.S.B.A be a wise decision? How would you use the G.I Bill?

you would be fortunate to have the backing of the G.I Bill, which means that you would receive housing allowance ( about $1600 each month) and in-state tuition payment(e.i. you don't need to worry about paying for college)

My end goal is to become a real estate investor and not a real estate agent. I will earn the Real Estate license in order to earn extra capital and at the same time learn to read the housing market.

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  • Investor · Princeton, TX · Member since 2014 · 1k+ posts · 1k+ votes
    10y

    You should also look into the benefits from the State of Texas.  I think they are better than what other states offer veterans.

  • Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    9y

    Giovanny.....sounds like a plan.  Probably depends on the school you want to go to and what degree they offer.  Real Estate, Investment Management, Finance, probably very similar degrees.

    If you want to get your license, we would like to talk to you about joining our company.

    You are right about earning some great part time income.

    Giovanny Martinez

  • Lockport , NY · Member since 2014 · 265 posts · 124 votes
    9y

    I would use your Post 9/11 to buy a 4 plex, live there (for free) and let the BAH pay your mortgage, and continue as an agent OR not work at all.  live there until your degree is done.  I can't say that a BA in real estate is a good degree.  My brother-in-law (owns his own CPA firm) says that people can't go wrong with a degree in finance.  with this degree, you will learn/understand all the numbers that go into any business deal, including RE.  food for thought. 

    living in a multi will give you valuable experience.  read Mike Butler's "Landlording on Autopilot", great book. 

    good luck,

    Jeff (retired Army)

  • Rental Property Investor · Montgomery, AL · Member since 2016 · 179 posts · 188 votes
    9y
    Giovanny Martinez I know I'm way late on this post but I just wanted to let you know about the Hazlewood Act, if you didn't already know. If you served in the Military and joined in Texas, or had Texas as your home of record when you joined then you will be eligible for the Hazlewood act- which basically is 4 more years of free tuition to any public school in Texas on top of the 36 months that you will already get from your post 9/11 bill. You can look into the specifics but just wanted to let you know you get a lot of perks for serving and being from texas
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