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Thoughts on real estate as a profession

Posted on 3/2/15 at 10:44 pm
Posted by Biggereztiger
Member since Apr 2012
1019 posts
Posted on 3/2/15 at 10:44 pm
Go
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25602 posts
Posted on 3/2/15 at 10:46 pm to
:crickets:
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30649 posts
Posted on 3/2/15 at 10:52 pm to
Are you a hot chick with big tits? If not you're already at a severe disadvantage
Posted by Spankum
Miss-sippi
Member since Jan 2007
56141 posts
Posted on 3/2/15 at 11:00 pm to
I understand that men are at a pretty big disadvantage in the field...not sure whether that is valid or not, though...

Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65996 posts
Posted on 3/2/15 at 11:04 pm to
quote:

Go

Stick to your day job as a cooper, Winnie.

Them barrels won't make themselves.
This post was edited on 3/2/15 at 11:05 pm
Posted by Ostrich
Alexandria, VA
Member since Nov 2011
8781 posts
Posted on 3/2/15 at 11:06 pm to
Depends on your location and your level of work ethic. Also, residential vs commercial makes a difference. You can make less than a teacher or be an OT Baller depending on these factors
Posted by Sterling Archer
Austin
Member since Aug 2012
7345 posts
Posted on 3/2/15 at 11:08 pm to
I've met people who do very well in it. I'm talking 250k+ (OT standard of course). It's not something that grabs a lot of respect and lot of people see the profession as unnecessary. If you don't care about feeling important then go for it if you think are good at sales.
Posted by islandtiger
Baton Rouge
Member since Sep 2012
1787 posts
Posted on 3/2/15 at 11:46 pm to
You might want to consider becoming an appraiser. The demand for their services is great and they make good money. I deal in rural real estate and sometimes wonder if I should have followed a different career path when I see what appraisers are paid.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43030 posts
Posted on 3/3/15 at 12:57 am to
Very very very few make the big bucks. You probably won't be one of them
Posted by blue_morrison
Member since Jan 2013
5146 posts
Posted on 3/3/15 at 1:07 am to
Thoughts on, sure. What about...thoughts...off?
Posted by PurpleandGold Motown
Birmingham, Alabama
Member since Oct 2007
22082 posts
Posted on 3/3/15 at 1:55 am to
It's not easy, and most people fail miserably, but they don't really try either. To succeed in real estate, you have to be willing to give it one, two or even three years of constant effort before it pays off.

But when it does pay off, it pays off big.

My father went full time in 1998 after retiring from coaching. Since then, his worst year was $98,000 after expenses. Typically he does better than a quarter million in commissions per year. My mother is about the same.

They work their asses off, but they are well compensated.

If you have a strong work ethic and self-discipline, you can make a fantastic living. If not, you'll burn out and probably lose your arse in the process.

ETA: Since it's the OT, I would be remiss if I left out the amount of hot MILF pussy that gets thrown your way at least once a week. So many lonely housewives...so little time.
This post was edited on 3/3/15 at 1:58 am
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 3/3/15 at 4:34 am to
Real estate isn't a "profession", it's a hobby for privileged stay at home moms. It's just something you can do so you can pretend like you're not unemployed.
Posted by el Gaucho
He/They
Member since Dec 2010
53183 posts
Posted on 3/3/15 at 5:29 am to
how big are your boobs?
Posted by 4LSU2
Member since Dec 2009
37358 posts
Posted on 3/3/15 at 5:53 am to
I had a realtor recently tell me that they would be pretty much extinct by 2025 as a result of web/ social media based sales.
Posted by BestBanker
Member since Nov 2011
17506 posts
Posted on 3/3/15 at 7:01 am to
Yes. Buy as much real estate as posible using OPM. Commercial is what I like. Tax deduct as a real estate professional. Profit.

Do your homework.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63664 posts
Posted on 3/3/15 at 7:05 am to
Only the top 1% make money.

Source: Wife was a Realtor.
Posted by AngryBeavers
Member since Jun 2012
4554 posts
Posted on 3/3/15 at 8:37 am to
As far as selling it, flipping it or renting it?
Posted by Ford Frenzy
337 posts
Member since Aug 2010
6876 posts
Posted on 3/3/15 at 8:53 am to
I know some very successful real estate guys, but simply selling real estate isn't their only job...they sell a lot of land their family has owned, have a lot of rentals, develop houses that they sell, etc.
Posted by CharlesLSU
Member since Jan 2007
31933 posts
Posted on 3/3/15 at 9:23 am to
It is not a profession. Those of us here that are true professionals take offense.

Unneeded, worthless job. Parasites who couldn't / wouldn't invest time in real jobs.

(This is directed more at residential)
This post was edited on 3/3/15 at 9:24 am
Posted by Mo Jeaux
Member since Aug 2008
59173 posts
Posted on 3/3/15 at 9:25 am to
I know a lot of guys in the real estate fund business.
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