View Single Post
#5
07-09-2019, 11:22 PM
Senior Member
Joined in Sep 2016
2,588 posts
JayR9
i'm a licensed real estate agent but i got it for my ventures. it's nice because i cut out the middle man and take 2.5-3% on each of the deals I would make anyways. As a side hustle, I made about 45k in past two years. It also helps me write off a bunch of business losses. Example I made 60k profit from one of my restaurants which would of cost me about 20k in taxes but I have 15k in real estate losses (mileages, client dinners, and etc...). I think if you plan on being wealthy you should learn about real estate and being a real estate agent is nice to get some great insight. I have agents who contact me about deals before they even hit the market. My long term play is to get a brokerage license and start a property management firm to manage my partners and my holdings.

Getting the license was easy (brought a groupon), took the course, and then passed the exams. Took about 2 weeks time and then I went to find a real estate brokerage firm.
Post your reply or quote more messages.