Keep it organized, build systems to manage your life, and seek to improve your efficiency.

The recent barrage of real estate TV shows on channels like HGTV has left many viewers interested in exploring a career in real estate.

Knowledge is power, after all. Real estate is a cyclical business. Some people prefer the flexibility of online classes where others focus better out of the house in a classroom. Real Estate is riskier than stocks/bonds indexing, which is the typical path for people striving for Financial Independence. I just graduated from college, have no student debt or loans, own my vehicle, and have $20,000 currently saved up. They show a fast-paced, exciting line of work that gets you out from behind a cubicle and making some serious money … Let’s see the age of retirement is 65 right? Your first step towards becoming a real estate agent would be completing the pre-licensing course: duration of which varies from state to state. It gives you time to renovate the property and get it rented without making any loan payments. Turning it into a successful career? Honestly, I thought I would get to golf more than I …

It’s neither.

If you're smart, you're stashing 1/3 to 1/2 of your income to get you through the slow times. It … Related: How to Retire in 5 Years by Investing in Real Estate.

Just like any other profession, real estate has its highs and lows.

There is a whole process that needs to be followed.

You should ideally prepare enough to make a 20% down payment, but 5% + closing costs should be the bare minimum.

But if you love personal interaction, marketing, and being self-employed, working as a real estate agent can be incredibly rewarding. The Average age of a commercial real estate broker is 57 years old, yea I know that seems pretty old to some people. Or …

I made the decision to go into real estate investing back when I was in high school.

The reason so many landlords get burned out and hate the role is because they treat it as either a hobby or a job. 3. When Torres first got into real estate in 1997, he was making only about $25,000 a year working at a construction company.

It’s the old boys doing business with their peers and guess what, they are all boomers too.

While the potential reward is greater than indexing, you pay for that in added risk and added time. I had a friend come to me and ask about getting into real estate. Go to the website for your state’s Department of Real Estate or Bureau of Real Estate and find a list of approved online or in-person real estate courses.

The more you know about real estate investing before you get started, the greater success you will have. Fortunately, there is a key to real estate investing success.

Real estate is a business, so treat it that way. First of all, keep in mind that being a developer is the mecca of real estate for a lot of people - it's very competitive. Whole different story. It's more akin to purchasing a single stock. A savvy real estate investor with over forty-five years of experience John is an exceptional teacher of real estate investing. Decision makers deal makers movers and shakers. I'm going to get my mop. Calling Sarasota, Florida home John has used his expertise to not only create success for himself but to be active in member or …

That is where this collection of the best real estate investment books comes into … If you want the fast track, work for a local developer that does small commercial developments like outparcel retail (think McDonald's). Also to add I don't particularly like the type of prospecting associated with real estate. And we're on a very high point in the cycle.