Welcome, Guest. Please login or register.
May 21, 2012, 07:34:54 AM
Home Help Search Login Register
News: SMF - Just Installed!

+  Real Estate Forum
|-+  General Category
| |-+  General Real Estate Forums
| | |-+  Investing in Real Estate
| | | |-+  How should I start off my path to real estate?
« previous next »
Pages: [1] Print
Author Topic: How should I start off my path to real estate?  (Read 1111 times)
Tim
Newbie
*
Posts: 29


View Profile Email
« on: September 01, 2008, 09:27:07 AM »

I am 25, and planning on going in real estate because it seems like hard work in that business pays off compared to other places and because I am very persuasive.
Also someone suggested to me I should get insurance..220 license ,real estate, mortgage license? can someone explain to me what all that does?
Logged
Marco
Newbie
*
Posts: 31


View Profile Email
« Reply #1 on: September 01, 2008, 10:33:30 AM »

You've got time on your side! being as young as you are you aren't able to invest in real estate or buy a house yet. But it's not too early to do research. Check into what interests you such as commercial or residential real estate, or mortgages. Then, plan your future around your interests. I'm not from your area but check into schools that offer real estate as a major.
Logged
castro
Newbie
*
Posts: 25


View Profile Email
« Reply #2 on: September 01, 2008, 12:35:38 PM »

Pick how you want to be in real estate. Do you want to become a REALTOR or investor? If REALTOR, align yourself with the most effective sales company around.
Also, implement a prospecting system as quickly as possible.The most successful investors buy property at significant discounts and then sell them at a very big profit. Learn about pre-foreclosure, foreclosure, short-sales, rent to own and other investor programs to make a lot of money without investing any of your own. If you choose this route, find a mentor that has an effective system and learn from them. If you have a sales personality, fortunes can be made investing in this type of real estate. Also, making money through this type of investment just requires tenacity and an understanding of sales. I know a number of millionaires that started investing in real estate at a young age.
Logged
Mine
Newbie
*
Posts: 17


View Profile Email
« Reply #3 on: September 03, 2008, 12:53:10 PM »

All you'll need is study and take the real estate license exam. It's not hard. But these days, it seems anyone can be Realtor. Anyone can do it. You just need to pass the exam, get your license, and build your clientele. You wouldn't need to go to a 4-yr college just for that. But taking business and finance classes will help you in the long run to run your business operations better and more efficiently.
Logged
Eric
Newbie
*
Posts: 17


View Profile Email
« Reply #4 on: September 03, 2008, 12:56:38 PM »

Buy property/never rent.
2 free classes. sleep. [I'm kidding!] Use this time to prepare yourself to what kind of standards you are looking for in your future investments. Take classes that help you depending on whether you're going to be an agent or a private investor.[not your actual job]. Possibly a speech &debate type class work on your speaking/ also being able to work with a property's location, etc. is extremely important and you should take research/internet classes possibly, too.
Just do the Donald Trump thing:D
Logged
rubyt58
Jr. Member
**
Posts: 50



View Profile WWW
« Reply #5 on: July 05, 2009, 06:25:48 AM »

Usually, when you decide to get into the real estate business, you should do a lot of research in order for you to decide on which area you want to focus on. Also, in this business, experience is the best teacher, so it's good to expose yourself with actual real estate work such as working for a real estate firm or some one who knows the business well to show you the ropes.
Logged

Jones S
Newbie
*
Posts: 6


View Profile
« Reply #6 on: July 18, 2009, 01:29:33 AM »

The more you're able to read and relate to people, speak with or in front of strangers, market a product or fill a need, compute numbers and realize the financial benefit from both short term and long term financing, the more successful you will become.

Good luck and you're right, it is hard work but it is also rewarding in so many ways.
Logged

iketz0
Newbie
*
Posts: 24



View Profile
« Reply #7 on: July 20, 2009, 12:15:07 AM »

I suggest that you must enroll to a university that teach real estate.. It is better to be educated in what you are planning to..

http://realestatecrusher.com/
Logged

Hollywood Landlord
Newbie
*
Posts: 6



View Profile WWW Email
« Reply #8 on: July 26, 2009, 04:28:29 PM »

Ask the same question to 100 real estate pros and you'll get 100 different answers. I would say to educate yourself about various aspects of the industry by reading about them online and really running with the one that seems the most interesting to you.  Over the years, as you learn more and more about that aspect, you will be proxy pick up bits and pieces about many of the other ways you can be involved.

I started out buying a rental property and learning how to  be a great landlord.  I love rental income!  Grin

Logged

Stirling Gardner (aka Hollywood Landlord)
State specific legal Residential Lease agreement & Rental Agreement Forms.
theieu
Newbie
*
Posts: 30



View Profile
« Reply #9 on: July 29, 2009, 09:15:49 AM »

Those staff are the things you need when you are entering the real estate business, because most clients are now looking for those licensed individual for taking care of their deals.
Logged

Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length

Powered by MySQL Powered by PHP Powered by SMF 1.1.5 | SMF © 2006-2008, Simple Machines LLC
Miami Real Estate
Valid XHTML 1.0! Valid CSS!