Real Estate Agent in California versus Arizona - Chime In

This is your chance to learn from the best, network with the best, and become one of the best in the game. No fluff. Just deals, strategies, and lessons from the front lines of today's market. Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent-to-price ratio, and more. Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence! Search nationwide listings with built-in cash flow analysis. Scale your portfolio with off-market deals. Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator. Understand how much rental income you can expect based on recent reports and data for your specific property. Manage tenants, tasks, and your entire portfolio with one simple tool. Find reliable property management partnerships that last. Avoid mistakes and make informed decisions with Pro. Promote your business on BiggerPockets and make quality connections with the right investors. Turn Your Rental Property into a Cash Flow Machine with Co-Living Co-Living Cash Flow offers a proven strategy to dramatically increase your rental income by renting out properties room by room Build a Cash-Flowing Glamping Business with High Equity Upside Whether you're starting from scratch or expanding existing hospitality operations, learn the practical frameworks needed to capitalize on the growing demand for upscale outdoor experiences. Get off the sidelines and take action in real estate investing with BiggerPockets Pro . Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success. Disclaimer: This post reflects my personal experience and opinions and should not be considered legal or professional advice. Past or present Real Estate Agents: Tell me your story or observations practicing as a Real Estate Agent in California versus Arizona starting out. Get a pot of coffeethis is going to be a long rant/question. I know, the trolls will have a field day, so Ill grab my shield. In 2017, I took and passed my California real estate pre-license classroom training in: However, I didnt take the state test to get licensed. IMHO, I missed the best opportunity to get in at the right time. Why didnt I follow through? Fear of going broke trying to get into the business. Instead, I found a J.O.B. to help pay bills. The real estate agent failure rate is around 87%. The need to build income quickly is on my mind. Recently, I viewed Ken's video links below. Is getting your real estate license and going into property management still a quick path to income? I need to budget carefully. When I searched for property management jobs, my six years as HOA presidentrunning around, talking to homeowners, finding vendors, negotiating bids, supervising repairs, liaising with local politicians, managing maintenance budgets, handling vandalism, writing letters, posting notices, calling meetings, walking the property, and speaking three languagesdidn't seem to matter. Even a real estate license isnt often required for property management jobs. Instead, Ive noticed requirements like: - LIHTC - Certified Apartment Manager - 5+ years of leasing experience - Certified Community Manager I know that fair housing is covered in the classroom portion. But is Ken right when he says you can get into property management with a real estate license? Ive heard mixed information about the requirements and would love insight from those with firsthand experience. Heres the video.

When I attended a few REI club meetings, I spoke with agents directly and asked why they seemed stressed out. They told me deals often fall apart, and since agents only earn a commission if they close a deal, this uncertainty creates pressure. The goal is to bring the seller a buyer who can perform, and in many cases, investors seemed to be the bestsometimes the onlyoption when other buyers couldn't meet the terms. SB 1495 requires California real estate schools to update their Practice course to include: 1. A component on implicit bias 2. A component on federal and state fair housing laws If your California school does not include these updates, you wont qualify to take the real estate state exam. After speaking with my former real estate instructor, Ill need to start over from scratch to get licensed. That may happen in either California or Arizona. Im a California native but have visited Arizona during both the cooler and hotter months. Arizona gets extremely hot, and daily routines tend to shift. Errands are usually run early to avoid the heat, and I assume the same applies to showings. With the new buyer agreement ruling, virtual showings might become more common. When I visited Arizona in 2015, I noticed significant construction projects, which have continued almost ten years later.

Past or present Real Estate Agents: Tell me your story or observations practicing as a Real Estate Agent in California versus Arizona starting out. Thanks for hearing me rant. Chime in with your thoughts and experiences. Struggling to find reliable real estate advice? Join over 3 million real estate investors to build connections, learn from others, and share your journey all for free! Take Your Forum Experience to the Next Level Create a free account and join over 3 million investors sharing their journeys and helping each other succeed. Curious to see who's interested in your profile? Unlock your views with Pro Connect with others Pro Members Get

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