All Forum Posts by: Joshua Fortner

After my associates degree in finance, I am considering getting my real estate license, but don't know if getting it in Michigan (my hometown) would be worth it? If so, what advice? Thank you

This is a very personal question, and ultimately I feel its up to the individual. What do you see yourself doing for a living? How do you want to make an impact on this earth? What current knowledge do you have on those specific interests? Regardless if you want to go to college or not, I feel an important sector to educate yourself in is finance. You must know how to manage and leverage your income. Everyone just wants a higher paying job and then fixates on a higher level of living standards. The truth is you can make $600,000 a year and still be broke if you dont know how to properly allocate your funds. So above anything do yourself a favor if you have not already and make a lifelong commiment that you will consistently educate yourself financially. As Kiyosaki would say schools teach you to be good employees not employers. For some people that might be alright but financial education is vital to any degree of success, at the very least find a financial advisor. People neglect this idea or feel as if they are already educated enough, but the financial condition of any living area is constantly changing and staying on track with the economy and the micro aspects of your money is what will buy you success. Also,do market research on the u.s bureau of labor statistics page. Determine the level of demand currently for the field your considering along with the supply of workers. Higher demand with lower supply = higher wages. Also, look at the projected growth for the field and the average salary, and how much the degree would cost and how long it would take to pay back. 

I would say it ultimately depends on your financial position. Once you build adequate cash flow with low expenses, start acquiring more appreciating properties. I would reccomend both for resilient success. Id say first work on acquiring cash flow properties, if you cant cashflow a property you probably shouldn't be making that investment period. Both options should be used if your more in need for income then cash flow. If you have already built adequate passive income to overcome your expenses, then id reccomend adding appreciating propeties to your portfolio mix. Im a noob but this is what makes logical sense to me correct me if you see holes thank you.