What can I do while I'm waiting on getting licensed to hit the ground running?
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[{"id": "imave0t", "text": "I'd try to start networking now.  Go to a NAIOP or CCIM events and call your local commercial real estate board and ask about networking events.\n\nI would also start calling local brokers to see if you could grab a cup of coffee with them.   Tell them your plans and goals.  Brokers job is to connect people and the majority of them will try to help you out with your goals.", "replies": [], "depth": 1}, {"id": "imawzph", "text": "Ask your parents and your friend's parents if they know anybody who's already a multifamily broker in your area.  If someone does, perhaps this can be your entry into the business.  You could call that person and introduce yourself and explain what you're doing to try to enter the business and ask if you could buy them a cup of coffee.\n\nThere are some online courses to teach you Financial modeling which in my opinion is important for any kind of commercial real estate.  One of those programs is called Adventures in CRE, but there are others that people recommend here from time to time.  If it's in the budget you could research and choose one of those programs to at least get you started on some basics.\n\nYou'll want to know at least a little bit of lingo, like cap rate, capex, etc.  I own a fair bit of commercial and residential property myself and once these people start going into a lot of abbreviations and lingo even I get lost.  (I've never been big on abbreviations and lingo.). You'll at least want to have some idea what these things mean if the broker broker you talk to likes using jargon.\n\nYou want to be able to explain why you want to get into this business in a way that makes sense.  The reality of your first couple years doing it is likely to be a shit ton of cold calling trying to generate leads of either sellers or buyers.  Sellers are always preferred when you can find them.\n\nI like owning properties but I'm not sure if the day-to-day grind of being a commercial broker would be the career I would want.  I'm not saying that to discourage you I'm just saying that you need to be able to articulate why you want to do this in a way that will sound interesting to a current broker.  Because hopefully you will sound interesting enough that some broker is going to want to take you in and make you a part of their group.\n\nGood luck!", "replies": [], "depth": 1}]