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Updated over 7 years ago on . Most recent reply

Account Closed
1
Votes |
13
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Should I be an Agent or a Salesman/Investor?

Account Closed
Posted

Hey you guys, as I mentioned in my last post I’m about to graduate in 11 days. I have a sales job lined up that sounds absolutely miserable but pays 70K a year...I know that eventually I’ll be looking to invest in properties. I currently have 20k in life savings. My question is....

If you were in my position, would you work the sales job and try to learn about real estate/investing on the side? Or would you try to get some job in sales and get a license, without the 70k a year sales job? What sort of entry-level jobs are there? How much do they pay? Would they give me the tools I need to start flipping houses or making smart investments? My eventual goal is to invest in real estate and make a lot of money. Sales sounds miserable but I’m thinking it might be practical to work it for a couple of years while I save up to invest. What do you guys think?

Thanks so much, 

Benjamin

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Replied

Benjamin.  As one closer to the other end of the life cycle, 66 this year, with a history of having a real estate jones, get as much cash as possible first.  Grow your real estate knowledge and connections with time. While it seems an automatic pathway to riches currently, there are down cycles out there. With cash you will get better deals and terms, and better survive the when stuff justs nasty.  There is much more to the story, as you to will learn.

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