Just wondering if anyone else is in it. I am currently enrolled in classes to be a salesperson in illinois, but my end goal is to being doing investment real estate in flordia (east coast). At this current time I have purchased a three bedroom-two bath condo on the far east side of west palm beach, approximately mile from palm beach (Cityplace).

I'm hoping to get my florida license by the end of the year. Until then I was just wondering if anyone had any advice for general real estate practices. Thanks.

_________________

A friend of mine reciently got his licence and seems to be doin well.
When next I see him I'll ask for advice.
One thing I do remember him teling me is you need to shell out the mulah for all the courses.

well what i did was i went to a random house after i got a buyer,and tried to sell it. If you can make a sell on a random house,then your golden.
Its also good practcie when they point out problem spots
(Yes i am joking)

I guess the biggest problem spot is the fact that the house may not be for sale

_________________
<b>-The Sergeant Is Back, And It's Time To Be Executed.</b>

BFG- Are you saying ur trying to become a real estate person, acting as a licenser and seller. Or one that is buying real estate and gaining property? Either way, I recommend the Rich Dad/Poor Dad series. I have five of them- Cashflow Quadrant, Real Estate Riches, Rich Dad/Poor Dad, and Retire Young, Retire Rich. They're all very good books and I highly recommend them!!! I'm trying to figure out a way I can get into the real estate business as an 18 year old.

Actually I'm trying to make a short living off of real estate sales. And to retire by 35 by investing in real estate (Buying property/selling property).

As I stating I own half a condo (Went in on a condo with my mother, we formed an LLC) and intend on selling the condo or refinancing it in the next three years so as to get more condos. Currently the appreciating rate for the unit is 25-30%. The unit cost $400,000, we both put 10% down. This means that for 80k in 3 years we will be able to get conservatively 300k plus our original 80, so we could then purchase four more condos. And in three year make 1.2m (600k each). Rinse, repeat.

So in the next ten year I could effectively make 2.25m. This is with a very conservative estimate based on the current growth of the west palm beach area. Thus though this is a conservative estimate percent wise, the practicallity of it (finding renters, the state of the economy over the next ten years, etc) may significantly drop the amount of gains that I would recieve.

But still I feel it is a good route considering my other option is to work everyday until I'm dead and still have a crippling amount of debt.

Snipe in illinois you'd have to be 21 years of age at least with a G.E.D. or high school diploma. I'm not sure if there are age restrictions in your state. Call up a relator in you area and ask them about getting your license or job opportunities and see what they say.

_________________