All Forum Posts by: Chris Lynch

@Jon Deavers

Hey jon,

Thanks for the response., Getting starting as an agent can be costly. However funding the start-up does not worry me as much as the question of how long will it take to start bringing an income in from agency. Some people say months, Others say as long as a year.

I do feel like it is a great opportunity to surround yourself with like minded people who you can learn from. Also, like you said you do often come across great investment opportunity's.

Part time was my initial thought. Unfortunately I have learned that I am not allowed to be licensed as a real estate agent while working at a bank. I guess it becomes a conflict of interest.

This is my reason for having to make a choice. It shouldn't be a hard one since I do not enjoy the cubicle lifestyle and I do not see it getting my to my goals. Agents work hard. But I feel there is more of a freedom to it.

Thanks for the link Katy

@Katy C.

Thank you for the response Brianna. While I do understand what you are saying, that path seems like a really slow way to go about this. My thinking was to get into real estate as a career ( Agent, property manager, broker ect). After being in the market for some time and making money and building experience/networking. Start to make flip some propertys to fund long term buy and hold property's that produce cash-flow.

My current job consumes alot of time and I am not really learning anything that pertains to Real estate investing.

@Brie Schmidt

We all know taking action is the most important part of any investment/business venture.

However taking the first step is often the hardest when you do not know what road to travel down. After reviewing the basics to RE investing on this site I really enjoyed the outline of career ideas that allow you to earn while you learn.

Right now I am employed as a relationship manager ( Call center) at a bank. It pays fairly well but I can not wait to get out and start doing something that will push me closer to my goals. On top of that the job is repetitive.

Goal- Learn real estate. Acquire property's that cash-flow a substantial amount of money, giving me the freedom to live a lifestyle free of employment.

I do not feel confident in my knowledge/experience/connections to jump in right now. I also lack the capital to make mistakes during the learning curve. I know many here have experience and an abundance of advice to share.

Question- What is the best way to get started. EARNING AND LEARNING. Do I become a Realtor? Property manager? Mortgage broker? Also Which path did you take and why or why not has it been the right or wrong choice?

The ideal situation would to hook up with an investor as an assistant. But opportunity like that are probably few and far between.

ANY FEEDBACK IS GREATLY APPRECIATED

I am new to this forum.

I am a young guy ( 21 ) with big interest in real estate. I have read many books and listened to many podcast. Now I want to dive in and get started but I know I real lack experience and funding. However I do have skills that could be valuable such as sales, marketing, communication ect.

I currently work as a relationship manager in a bank. However I want to get into Real estate asap.

I have two ideas on how I am going to do this. The first is getting licensed and working as an agent in order to network and build capital. The second is working as an assistant to an investor that needs help.

My question- Are these plans good ways to get into Real estate and if not what should I be doing?

Also, what is the best way to find investors that might need help with their business? I already posted a craigslist Ad but I haven't had much luck.

Best regards,

C.L

I know this topic has been talked about in other threads, however my question is much different. So I became a member in hopes of some great advice and learning.

I am brand new to REI. I am a young guy ( 21 years old) I have past business experience with online start-ups and day trading. However I am very new to this business. So I have a lot to learn. I do not have much capital to invest either. So my plan is to become an agent. Then sell real estate to learn the business while making capital and networking with others.

However my question is where to start. I know commercial RE takes much longer to learn but I also know the deals are larger as an agent and investor which interest me. I also love how you can create the value of your property with increased earnings. On top of that commercial rentals seem much more passive as a rental investment. Should I go down this path or should I start in residential? I know each business is very different. I want to make the right choice. Any advice would be great! I have been thinking about this for weeks.