Real Estate Jobs

princecharles

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Sep 24, 2008
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#1
Hi I was speaking with some other members who are too just starting to invest in RE and are looking to build our income while we learn. Can anyone suggest a related occupation in the RE industry that will help learn the ropes of RE investing while earning a salary? I don`t know can people find jobs with investors groups in Toronto? Is becoming a RE salesperson/broker the only or best option?

Any guidance would be appreciated
 

princecharles

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Sep 24, 2008
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#4
QUOTE (housingrental @ Oct 9 2008, 11:11 AM) Property Management

But probably best bet is to get highest paying job you can - more income more to invest

Thanks for your response, but why do you think property management would train one for being a real estate investor?

I think primarily us new guys are more concerned with what job will teach us the most about the game, rather than what will provide us with the most income initially. Although income is nice as well if possible..

Any suggestions anyone?
 

mikecunning

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REIN Member
Sep 18, 2007
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North Vancouver
#5
QUOTE (princecharles @ Oct 9 2008, 12:50 PM) Thanks for your response, but why do you think property management would train one for being a real estate investor?

I think primarily us new guys are more concerned with what job will teach us the most about the game, rather than what will provide us with the most income initially. Although income is nice as well if possible..

Any suggestions anyone?


Appraiser, Realtor (although only to learn deals and make contacts, not to get the commission on your own deals), Assistant to a Development Company etc, Check out UBC`s Urban Land Economics Program - it`s through correspondence.
 

housingrental

Frequent Forum Member
REIN Member
Oct 10, 2007
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Waterloo
#6
Provides hands on experience with things that determine how much an investment will make

You`ll have a better understanding of different properties rental rates , collection rates, maintenance expenses, etc..

Real nice to be able to look at a vacant property and know accurate rental rates, issues, accurate maintenance expenses, what modifications will provide what return on yearly income, etc..

Shouldn`t income be your first priority?


QUOTE (princecharles @ Oct 9 2008, 03:50 PM) Thanks for your response, but why do you think property management would train one for being a real estate investor?

I think primarily us new guys are more concerned with what job will teach us the most about the game, rather than what will provide us with the most income initially. Although income is nice as well if possible..

Any suggestions anyone?
 

Nir

New Forum Member
REIN Member
Dec 5, 2007
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Toronto
#7
Prince,

Honestly, read Don Campbell`s book "Real Estate Investing in Canada" and start buying! That`s what I did.

This EXCELLENT book explains the entire buying process step by step and will definitely prepare you for the first purchase. Then, the first purchase will teach you even more and so on...

In other words, read the book and in 3 years tell us how your first 12-plex is doing


Good luck,
Neil