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Hey all. I like reading threads in here as everyone has good perspectives, so hoping for some insight…
I’m 26 and have 6 years residential real estate experience as a relatively established agent, and have some flipping experience. I’ve been taking courses on CRE analysis, underwriting, and multi family new development. It’s definitely interesting and investing as a GP myself is definitely a goal I’d like to achieve within 5-8 years.
Curious how risky it is transitioning from RES to CRE multi fam brokerage? I’d be leaving a steady flow of business to pursue this, but I feel there may be more earning potential and give me the tools I need to really be a successful GP, in addition to the network.
What can I expect in terms of earning potential? And am I thinking correctly if my goal is ultimately to be an investor? I’m based in south Jersey like 20 minutes from Philly. To be honest, not 100% sure I want to be in this area forever.
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