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#161329 - 09/29/08 04:49 PM Re: Switch good idea or not [Re: Edelweiss2]
katebcca Offline
Member

Registered: 07/09/05
Posts: 631
Loc: Victoria BC Canada
This is really food for thought. I have done a lot of work already with real estate. Just have to write the exam but find the math really difficult. I failed the first try at it and it was due to the math.

I love to travel and am really bored at my current position as I work in an office alone. My job is basically cold calling. I'm burnt out. I thought a nice change in the cruise industry would be interesting but maybe I shouldn't switch gears so soon. It's just that financially I am in a stressful situation like many.

I don't make enough at my current position to make ends meet so I pay what I can and then use my credit cards. I have three kids, two at home but I help out my eldest as he has an addiction. See my story under children. He has just gone to another treatment center (number 10) He is a real drain on me financially and emotionally.

The rents where I live are very high and my rent takes more than half of my monthly income. I actually pay less than most but it's too high. It's $1350.00 a month not including utilities. Most houses in my city rent for over $2,000 a month. When I moved in over 4 years ago you could rent houses for $1200.00, since our real estate prices have doubled over the past 5 years, the rents have gone way up. I can't move as everything is more expensive than what I pay now. So, I need two jobs. The one I have now, and another one. I work on commission at my current job and do have time during the day to take something else on, but what.

If I get my license and work in real estate it will be commission with lots of money going out in expenses. I can't afford this at the moment. My other thought was to work a part-time job for the next six months to get out of debt, and then write the exam.
Kate

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#161360 - 09/29/08 09:22 PM Re: Switch good idea or not [Re: katebcca]
chatty lady Offline
Writer

Registered: 02/24/04
Posts: 20267
Loc: Nevada
Your first year OR TWO of being in Real Estate, it's more going out for fees' etc. then is coming in. Unless you can afford to support yourself totally for at least six months, I would wave bye, bye to real estate. This is a FACT!

Get a part-time job to go with what ytou're doing now and when you are more secure then try your hand at Real Estate. I know of not one R.E. Brokers that hires part-time help.

You might also want to keep an eye out for a less expensive place to live...
_________________________
Take a peek at my BLOG:

http://charleen-micheles.blogspot.com/


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#161363 - 09/29/08 09:45 PM Re: Switch good idea or not [Re: chatty lady]
katebcca Offline
Member

Registered: 07/09/05
Posts: 631
Loc: Victoria BC Canada
Yes, I get this. I have heard it from many real estate agents. Nothing but money out.

Offices do hire part-time agents where I live but it is not the best. Part-time anything in sales is difficult. You need to be on call 24/7.

Looking for a less expensive place to live is a great idea but I can't leave my Mom at 83 and leave town. Also teens are entrenched in high school and their friends. It's also very expensive to move. There is nothing cheaper really unless I move over 100 miles away.

I think working at another job part time will be best so I can bring in extra money. At least for the immediate moment.
Kate

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#161435 - 09/30/08 09:22 PM Re: Switch good idea or not [Re: katebcca]
chatty lady Offline
Writer

Registered: 02/24/04
Posts: 20267
Loc: Nevada
Well bless your heart and I will pray that you find something you like that pays a decent amount of moula, and that it helps. It is never easy for we women though is it, having to worry about everyone else along the way.
_________________________
Take a peek at my BLOG:

http://charleen-micheles.blogspot.com/


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