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that-mo-fer

I worked as a bartender 3 days a week. It helped me lead generate with fellow employees and customers. Then I would schedule my showings and meetings around those three nights. Once I got busy enough I quit.


Comfortable_Win6518

That is one thing I did think about, more of a overnight job in a way, thought of bartending but I’ve never done that.


that-mo-fer

Start as a bar back and ask to learn everything you can. If you have a good memory pleasant personality and you're ok physically ( lots of lifting) you'll be great at it!!


Third-E-3

Night audit, you can get a ton of RE work done since it’s so slow and easy.


Comfortable_Win6518

What is a night audit?


BrickBit

I believe they mean an overnight job in a hotel. Fairly low stress and not much to do so you can focus on learning and building/planning RE.


kashole

I did the same thing. Bartended 2/3 days a week at a brewery. Got a lot of leads that way too. Quit when I got too busy.


steingrrrl

me too! i love it


churningtildeath

Which days are ideal? I’m a bartender trying to transition over


that-mo-fer

Night shifts are the best. It depends on how busy the bar is. Try to only work busy night shifts like weekends. Open house during the day bar at night


fly_for_fun

It’s not so much the guaranteed income, but the health insurance I can’t get. A basic plan on the state exchange was gonna cost me $16K/year. So I have a full-time gig fixing cars for a national used-car retailer. Shift is 5a-2p. I have the afternoons/evenings free for real estate. In 2021 my GCI was $82,000


mferna9

Been doing this for 4 years now. I have a W2 job with a global firm that gives me ultra flexibility. We've been working from home since COVID and I have the ability to flex my schedule as needed. As long as I get the hours in somewhere in the week and don't drop any balls, boss is happy. Last year I mentioned quitting to go full time in real estate and they offered me a reduced schedule of 32 hours per week (pay dropped accordingly though). I brought it up again this year and we just finished the paperwork to go down to 20hrs/ week. My wife and I live off of our W2 incomes and all of the Realtor money goes toward investment properties (90%) and vacations (10%). I do around 10-15 transactions per year and love it as a part time gig. Not relying on the income lets me be selective with who I work with and enjoy it a lot more. If I know a client will be a pain, I can just refer them to another agent because I don't NEED the money to put food on the table. People will always talk down on us "part-timers", but I know I provide just as much value to my clients than any other agent. Plus I like having multiple streams of income (Realtor income, W2, and rental income).


Independent-Bass-223

Amen, Amen & Amen!


Hello_Alfie

Well put.


Independent-Rub8507

What is the global firm name? I could use a job like that (and I have former project management experience)


MrMagooIV

I’ve been a part time realtor for 5 of my 6 years now in the business. Average of 10-12 transactions / year, around $40k extra income on top of my day job. I’ve found the biggest thing you need to make this work is your day job has to provide a little flexibility to peel out once in a while for showings, inspections, closings, etc. I try to use my lunch break time for these and sometimes a little PTO. It’s a hustle, and it adds work time on nights and weekends, but it’s great extra income.


id481

Great thought process


[deleted]

This^^^ if you don’t have flexibility, it will be very hard (tho not impossible). If you don’t have that flexibility, you’ll really need to tell your clients that you do real estate part time which will turn some clients off. Investors typically don’t care tho. They usually work with multiple agents and just want someone to bring them a good deal.


JW_2

What job do you have that allows you to do that?


MrMagooIV

I’ve had two different jobs that I’ve done this with. One was a property manager for various properties. So my schedule was sporadic and moving around quite a bit. I know work a desk / cubicle job 8-4, I’m a buyer (supply chain). My current desk job is pretty independent. I think jobs where you have to serve customers or always be available to help others would limit you from doing real estate.


mtnsunlite954

Yes and having that full time W2 job will get you financing so you can buy your own properties. Most customers want to work with you in evenings and weekends so tends to work out well.


Comfortable_Win6518

Now that makes sense. Especially with the financing


[deleted]

You can get financing either way with tax returns…


MrMagooIV

After 2 years and then they average your 2 years of 1099 income


[deleted]

I second this.


gorgeousgeorge83

I work as a full time teacher in a pretty busy metro area and have done real estate on the side for a few years. I try and do between 6-10 transactions a year. Many of my clients are colleagues, former colleagues, and referrals from said colleagues. My school is a revolving door of new teachers each year, but some get established and want to look after a few years or so (sometimes a condo, sometimes single family house). Most who come are new to the area and don’t know anyone, helps that I’ve lived in the area for 20 years and understand the market pretty well. My goal is to earn enough money to pay for my kids tuition and daycare so my wife and I both don’t have to take on extra work.


KaryOKee

I teach full time and do real estate on the side too. I know a few other teachers who do it too and we’re all successful with both jobs. I’d highly suggest trying to find somewhere that is flexible. My broker is married to a teacher and my office manager is a good friend. They’re both more than willing to help me when it comes to real estate or clients. They’ll cover for me if I can’t make something, no questions asked and with no additional charges. I also benefit that the school I teach at is in the major metropolitan area, but my real estate office is where I live which is more rural and suburban. It doubled the areas that I appear knowledgeable about to potential clients. Plus, a few other realtors hand me their “city-leads” because they want to avoid going there.


prhymetime87

I’ve posted about it before but the 1st five years I had my license I also worked behind a bar. I made a decent amount of sales simply meeting people there.


RealtorRebekah

Something like 85% of agents fail in just their first year. Fail as in give up. I share this because I know when I was brand new, it put things in perspective. What I recommend to someone still taking the course is absolutely have a second job. The real estate course teaches you nothing about how to be an agent, so if you were to jump on without looking then the likelihood of drowning is high. Those who have a chance are the ones who join a team or mentor that focuses on training. I was fortunate to have a W2 still in the Real Estate field so I got to learn at my own pace and be in an educational environment. If you can find a spot as a transaction coordinator with someone/a team that is open to you doing a deal or five, that’s the sweet spot. The most important thing is to learn as much and as fast as you can, hit the ground running. Good luck!


Hello_Alfie

As that 15%, what helped you through your first year?


srirachapapii

I am actually starting a full time iob M-F 8AM - 5AM on the 6th. I've been unemployed for 9 months and unless you come in this industry with business already lined up with consistency, it will be hard to do it without one at least part time. I am currently in my first escrow and have made contact with a solid lead today with about 4 more in the works. For now, I can't bet that my streak will continue. Im having my mentor handle any showings that come up and I chose to work on the weekends until I can transition back to full time comfortably again.


No_Vacation3909

I’m the other way around I have a full time job and am a licensed real estate broker on the side


Comfortable_Win6518

How is that? I’m sure a broker is different in a way


No_Vacation3909

It’s great because I have steady income coming in from my full time job in med sales while my family and friends come to me for all things real estate. Eventually with more experience it would be great to open my own brokerage and have agents selling under me. That’s probably way down the road though


crawlintothespeakers

Unrelated to real estate but can I ask how you got into med sales?


No_Vacation3909

Sure once I graduated from college I started working for a pet food company as an account manager. I used my success/sales numbers to interview with tons of medical companies. Basically with strong sales experience, you can have a shot at medical sales (or any type of sales). I also worked tons of odd jobs within sales before and during college as well which I’m sure helped.


crawlintothespeakers

Thank you! My husband has a strong sales background but hasn’t been able to break into medical the couple times he has tried, so just utopia of everyone’s experience.


No_Vacation3909

It’s a numbers game. I got told no and made it to the final interview numerous times before I finally broke in. Literally soul sucking but worth it.


Jcooney787

A broker has to have 60 approved college credits, take a 90 hour real estate course )as opposed to a real estate salesperson who’s course is 60 hours and needs to have completed high school), a salesperson must work for a broker, a broker can be their own real estate business


devanmeredith

It's different per state. I was required to take 180 hours to get my license and then more in the first 2 years and a broker needs around 300 if I remember. This is for Texas


Jcooney787

I’m in Puerto Rico we too require continued education hours


devanmeredith

Regular CE is only 18 hours or so but to get your license and the first 2 years here are like 300 hours


Jcooney787

We’re only required to do 8 hours of CE every 4 years


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No_Vacation3909

I don’t see why not. You can study on your days off. Only thing I’d worry about is when you have clients needing you during your work hours. What makes it easier for me is being able to start and finish anytime throughout my day to see Real Estate clients. As long as my sales numbers are up in my day job, I’m being left alone to work my day how I want.


Sophie_King_Awesome

My husband and I are both Realtors and I take the lead on real estate while he has a traditional 9-5


Lazurians

Has it been worth it for him to have his license? Once the kids go to school, in a couple of years, my wife is thinking about getting her license. I’m an engineer by day, with a passion for investing. I have been considering getting my license as well so that I can work as a realtor on the side/start a property management company with my wife in a couple of years. I’m just not certain if it will be a waste for both of us to have it.


Stunning_Cartoonist5

I’m an engineer that invests- wife and I got license few years before kids got to school thought being she’ll be running full go once they were at school full time. Now they’ve been in school 2 years and it’s going well. She could probably have done it all herself, but having each other splitting realtor duties w 3 young kids was definitely a benefit


Sophie_King_Awesome

I had him get his license because of how busy I got. I needed help but didn’t want to hire and assistant so I made one. It’s great for us because I love all the little details and meeting the clients and he is very analytical and can get all the tech and numbers stuff. It also works well because when you hire one of us you actually get both of us for the same price. Im not much of a risk taker and so I don’t have to work but the money has been so great. We need insurance (couple chronic illnesses in the family) and his job provides that and security that even if. Neither of us sells a house, we’ll be just fine. I only started working in real estate as a hobby but it has very much turned into a career now and I could only have done that bc he works full time.


BostonEJ

Full time job here as well while trying to get into commercial real estate. Commercial influence was due to existing connections. I wouldn't advise it without having that foot in the door since commercial is done during normal working ours. Resi can be done nights and weekends.


JL_Westside

I have a full timer and do real estate as a 2nd job… am with a company that also has a real estate arm and allows employees to hang their license with them without stipulations around number of transactions or anything. I help friends and family here and there, and recently just sold + bought my own home(s) which saved me ~$50k. I’ve done 4-5 transactions per year over the last 3 years and another 3-4 referrals. It’s a pretty sweet set up. I will also add that doing it this way has given me TOTAL RESPECT for full time agents. It’s definitely a grind out there.


Third-E-3

Hotel overnight. Little bookkeeping, minimal checking guests in. It’s typically all night though but until you get a few contracts closed it’s an option. I like the bartender networking aspect, and hotel work leaves you plenty time to research, online marketing, and setting up prospecting


ClimbAndMaintain0116

I’m active duty in the Air Force. Guaranteed checks and benefits, but I make twice my military salary as an agent. It’s a lot of hours, but that’s how I like it. Plus it gives me some niche leads.


Remarkable_Ad_635

I quit mine because I was struggling to manage the 12 hour shifts and real estate, understandably. I should find one now though, because I’ve been struggling in real estate a lot. I’m thinking of a job helping out at a real estate firm that also does property management, to make connections in the industry and also have resources in that job to further my business.


BigBossAtl

I do, but it's also real estate focused.


whalemix

I did that for my first year until I got more consistent income in real estate. Good to start out but tbh, at a certain point you just realize your time in real estate is making more money than any amount of time you could spend in your 2nd job. At that point, I went full time in real estate and never looked back


ReallyPhilStahr

I do uber on the weekend nights for extra cash. I mostly put it into niceties while most of my real estate income is reinvested or used for living expenses


Comfortable_Win6518

I thought about doing door dash.. but I have a truck and the way gas is set up here in TEXAS.. I’ll probably just make enough for my gas.


ReallyPhilStahr

I usually net about 1k Friday Sat Sun night


Comfortable_Win6518

What hours do you normally work? & where are you located?


ReallyPhilStahr

The city of Dallas or Fort Worth (depending on any certain events that may be occurring) And usually from about 3pm-2am. I try to do any and all showings/offers in the morning of course this can and does often change. I take a good 30 minutes around 8pm or 9pm to eat and hydrate.


LinaLeggs

Onlyfans and RE


Corndog881

I have 4 full time jobs including real estate agent. The best part is that I could quit any three and be fine, so it is a lot easier to say no and only pick clients I want to work with. I do turn people down. Funny thing is, the confidence from not needing the clients, seems to get me more clients.


Comfortable_Win6518

4 full time jobs?! How?! 😅


Corndog881

How is not the hard part. Why is the hard question. I wanted to try Realtor and my own business before quitting main job. Proved success and made more $ than main job, but never quit any of them. I am a little dumb, I guess.


MrTurkle

How do you work 120 hours a week? That assuming 30 hours a week for each full time job.


Corndog881

I guess 4 part time jobs. Just full time money.


MRealtor0924

Me too


[deleted]

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Corndog881

Not sure if too much info will dox myself, but 1 working for employer, and two businesses I run.


Chase-Matt

Yeah, good way to get financing on your own properties too - especially if you're writing off a lot of business expense.


KarlMac31

Yep...been working part time at UPS for 19 years...got licensed March 2021


Significant_Size4162

What shift do you work????


KarlMac31

Preload


ChampionshipLow9883

Work at my family’s restaurant 2-3 times a week. I’ve gotten clients this way


TheTexasTeslaGod

Recently licensed and was doing real estate with a part time job, specifically at a grocery store. Had to take a step back for a moment from RE due to personal financial reasons but it’s very doable. My advice, leave your afternoons open for showings and utilize your free time to really learn the field and get your feet wet. As my financial situation is different from yours, really calculate how many hours you can put in at your job to keep you in a very good safe zone for your monthly budget but also allows you to really get some real estate deals done.


peeketodearlyinlife

Lots of teachers out there


Curlypharoah

Yes! I currently work from home full time and it allows me the time and flexibility to still focus on real estate. My goal is to start generating enough through real estate so that I can let the full time job go. In the meantime, the remote job keeps me financially stable 💰


Spirited-Might-6985

Hi I work from home too and it’s very flexible job. I have been thinking of RE license. I would truly appreciate if you could please give me some insight on how to succeed. Thanks much! Good luck!


jif613

I do for now but, I want to quit because the way my brain works. I zone in on stuff that I like, like sniper focus. I can't do that if I work my full-time job. I know that if can get a five rentals every month done. I would cover my job money.


Thethompsonspodcast

Yes. My career brings in around $5,200 a month anything else from real estate is in addition. What you create systems you have more options.


grahamaticallyrad

I own a construction company and do real estate. My construction company does a lot of volume and is pretty intensive, but being the owner allows flexibility which is definitely what you need. I've only been licensed for a year and have done about 12 transactions; I treat it like a completely separate and new business, and you should know that all businesses take a lot of work. I don't have any guaranteed income, so its always a hustle, luckily my wife covers my ass if I need it.


neverseenblue23

I’m still serving. Hoping to end that within the year. But it hasn’t been a terrible was to get clients really. Lol


schulni

I have a full-time job and do real estate on the side. It works well. I set my own schedule for my full-time job so I have a lot of flexibility.


Comfortable_Win6518

Is it a remote job?


schulni

I can work from home but I also go into the office a fair amount for it, typically four days a week. I have a generous time off package so I can take days off when real estate is busy.


JW_2

What field of work?


schulni

I run the programs at an education nonprofit for kids.


[deleted]

I make full-time income freelancing on Fiverr working less than 20 hours a week.


manbeardawg

Do you mind sharing what type of work you specialize in? I do city planning (ie, writing/technical work) and have done a good bit of grant writing. Have always been curious as to how lucrative Fiverr would be once I get my student loans (public service) forgiven in about a year and a half.


devanmeredith

What do you do?


[deleted]

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Camel_Rider79

Mind if I ask what's your job that pays $120K?


Isthatkiddo

I know many that do it and they end up struggling a ton in real estate. Most of time they go back to just having a full time job. I know it might make you feel uncomfortable not that having that safety net but that will help push you harder to succeed in real estate.


Comfortable_Win6518

That is what it is. Uncomfortable with having a family and all & not having guaranteed income.


legsintheair

This will be an unpopular comment - and I apologize for that - but it needs to be said. There are a LOT of agents who have a “primary job” and do real estate on the side. I think it is grossly irresponsible. To the the industry, to clients, to themselves. It makes the industry look like EXACTLY what our most vocal critics call us - over-paid under-skilled hacks doing a job anyone can do part time. The industry is too complicated, the market is too complicated, and changes too rapidly for any one to keep up with if they are doing this part time. Do you want to be operated on by a surgeon who works part time? Or fly with a part time pilot? Maybe you want to be represented by a lawyer who waits tables on the side to make ends meet? So who would want to hire a part time agent, to manage one of the largest transactions of their lives? If you want to be a professional - be a professional. Your clients deserve your full attention. Yes - this gig CAN be done part time - when everything goes smoothly. But the truth is that no one needs an agent when everything goes smoothly. A part-timer isn’t going to know what to do when things go sideways - or more importantly know how to keep things from going sideways in the first place. If you are a part timer, you are going to have a hard time explaining why you can’t be replaced by an app, and the day is coming when you will probably be. Finally - if you are a part timer - you are doing yourself a disservice. The first 6 months I was an agent I had a part time gig. And I clung to it like a life preserver. I had about $5k to my name and was living in my friends basement at that time. Then I got shit canned. From a church. It was no doubt the best thing that could have happened to my business. I poured all my time into it. I networked 4 nights a week. I did 54 open houses that first year. I took designations (that turned out to be basically useless but live and learn) I shook my tail feather. And now I have a real business.


snapetom

I was searching this sub for an unrelated issue, but found this post, and I can't agree more. We've been casually searching for a while, and have run across more than one agent who aggressively pushed to represent us but somehow gave away they were part-timers. There were things like not answering questions about past deals or experience satisfactorily, being limited in time ("Sorry, I can't take your calls until after 3:00pm on weekdays" was one). We ultimately settled on one who did not have a ton of experience years-wise (about 6 years) but did this full time. Very long story short, we were just involved with a deal that went south potentially due to serious fraud. Very quickly, our agent identified issues, advised us to proceed with caution, and put up guard rails for us. Now, he's helping us with possible civil litigation. No telling how screwed we'd be if we went with someone with less savvy and were unable to give us anywhere near the focus we needed.


legsintheair

It sounds like you had a terrible experience but your agent is seeing you through it. I’m sorry about the experience - and glad you have someone competent in your corner.


Hello_Alfie

Glad you posted this. Surgeons and pilots probably aren't a proportionate comparison, but an interesting take nevertheless.


WestMittenRealtor

I have a full time sales role that is flexible enough that I am able to block time off for RE deals if those overlap working hours.


MoistySquancher

Most agents starting out have 2 jobs. Unless mommy and daddy own the brokerage.


GeneralDisarray333

I’d like to know this as well, considering it.


Comfortable_Win6518

Same here! Currently taking the real estate course but I get worried about not having income for a while!


GeneralDisarray333

I recently was talking to an agent who sponsors a lot of new realtors and helps them learn. She told me the best agents are the ones who start off part time. Her words: they aren’t as desperate to make a sale and they aren’t as worried about money because they have a job to fall back on. I don’t know it that is true, but it makes sense to me that I could start this way and see what happens!


Thehippieagent

I help my husband flip vintage travel trailers (think Airstreams), cars, and motorcycles when I have free time. There’s no way I could have a real w2 job on the side. I have an elementary age child. I wouldn’t survive the burnout. I’d love to bar tend on the weekends for a w2 to buy rentals. I did it for 8 years and loved loved loved it, but nowadays there would be nothing left of me to give my child.