Agent that sells both commercial and residential?
I am about to get my real estate license for CA and am going to be in the LA area. I have a business degree and have been at Spacex for 3 years now. I am interested in commercial real estate, however, I hear the sales can be long and hard to get into. I’m wondering if there are any agents who do both residential and commercial or in this case sells homes and sells residential rental properties (apartments, 4plexes). What are your experiences?
[{"id": "f7jvsh7", "text": "Commercial is more interesting imo. Single family sales is pretty easy comparatively. You are a very smart person I am guessing, given you have an amazing job that I would kill for, figuratively. \n\nCommercial gets you into some basic maths like cap rates, NOI, IRR, yield on costs, cash on cash, and other return metrics that make the job more interesting. Commercial brokerages are always looking for new sales people.", "replies": [{"id": "f7jwfmp", "text": "SpaceX is very cool, but the hours are very very long and I would rather put that output towards myself rather than Mr. E at this point. I will be looking at switching over to being an agent sometime in the 3rd quarter of next year.", "replies": [{"id": "f7k0zwx", "text": "I have heard that. My firm works us 80-100 weeks some weeks, but others it may be only 30. Just depends. Like you though, all my efforts reward those higher up. I get nothing if we close an extra $300M/yr right now because of my efforts, but my bosses will make $100k\u2019s more and the owner will make millions. Such is life.", "replies": [{"id": "f7k1mhk", "text": "It dawned on me a while back, you get one life and why give all your time making someone else rich? So much to do and see instead of being at work all day and if you are going to be at work all day, have the profits go to you. I was in sales in healthcare prior to SpaceX\u2019 and I do miss it and I am a current real estate \u201cinvestor \u201d (own a duplex) l, I figured I should get into this field. It does interest me and the challenges intrigue me.", "replies": [{"id": "f7k62ex", "text": "Nice! I have a passive income light industrial property. Right now I only net a few hundred per month, but once the lease rate reset hits next year I should be netting $1000, and once the debt matures in 10 years I will have a nice net cash flow. \n\nI am much more interested in creating more of those opportunities than grinding my life away, literally. I am with you brother, and I hope it all works out for you!\n\nI need to get my plan made and put into action too. As my financial advisor says, this isn\u2019t a practice life - get busy living.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "f7kcn0k", "text": "I\u2019m in a very similar spot! Started in entertainment with some passive investments in real estate and now I am transitioning to commercial real estate investing and hopefully development later down the line. \n\nI\u2019m also in the LA area if you want to talk shop.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "f7yng6y", "text": "Commercial is better in my opinion.  People usually pay on time lol.  If you'll be transferring in LA, try out the website of Zumbly.  You can check areas there within LA or Chicago.", "replies": [], "depth": 1}]