SamuelTF
New Contributor
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- Jul 5, 2021
- 6
- 6
I wanted to open up discussion for the idea that being a Real Estate agent, as a 1099 employee does not fully fit into the Fastlane dogma. It is much like being a sales representative at a company, with a bit more freedom.
Owning a successful brokerage might fit into the Fastlane dogma, as you own the whole enterprise, rather than being a cog in that enterprise. However, some may opt to just be a successful salesperson over being a broker, due to the overhead.
While I still think there is a lot of opportunity in Real Estate, I think most of the generated income is not passive. In fact, this is true for most fields.
How many of you are in real estate and what are your thoughts on this?
As a side note also, I view the investing side of real estate as more of a means of maintaining wealth, rather than building it and growing it exponentially or rapidly.
Owning a successful brokerage might fit into the Fastlane dogma, as you own the whole enterprise, rather than being a cog in that enterprise. However, some may opt to just be a successful salesperson over being a broker, due to the overhead.
While I still think there is a lot of opportunity in Real Estate, I think most of the generated income is not passive. In fact, this is true for most fields.
How many of you are in real estate and what are your thoughts on this?
As a side note also, I view the investing side of real estate as more of a means of maintaining wealth, rather than building it and growing it exponentially or rapidly.
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