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All Forum Posts by: Derek Woolley

Derek Woolley has started 2 posts and replied 2 times.

Hi Everyone,

I'm considering a career change. I own a duplex that I live at and rent out and want to become a real estate agent since I'm not satisfied with what I'm doing now. My question/concern is do you make enough to live off of in your first year as a realtor?  I currently make about mid 50's and would need to make something close to that as a realtor due to my expenses. What were your guys' experiences? I appreciate any feedback.

- Derek

I've heard from a couple of investors to stay away from duplexes that have been converted from single family homes for owner occupied/first investment. Their only reason is that the plumbing and electrical could have been done improperly. I'd like your guys' opinions on if this is a good rule of thumb or not. Thanks in advance!