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Rainmaker
1,090,645
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

<< --- investors
( well, Luna's partial to cookie investing but) 3:)
I think reasons 1 & 2 more agents don't invest is because many agents can't do the math to figure out if a deal makes sense, and many agents are not operating profitably enough to have $$ to invest.

May 30, 2017 12:49 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

60% of agents do not make a profit in real estate.

20% of agents make a profit and have figured a few things out and earn enough to simply stay in business.

10% of agents make a profit of sufficient size to save some for the future.

10% of agents make a profit of sufficient size that were they to go out of business tomorrow, someone would notice.

Which agent would you be asking about?

 

May 30, 2017 08:12 AM
Rainmaker
1,600,481
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

Hi Tom, great job on our Podcast last month!

 

May 30, 2017 07:18 AM
Rainmaker
1,257,733
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Most are too busy to make a living.  Does your bank lend money to 1099 commission earners?

May 30, 2017 12:18 PM
Ambassador
6,619,422
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Most agents to not have the mindset or the skills to be successful investors.

May 30, 2017 11:00 AM
Ambassador
3,406,855
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Does not compute.

May 30, 2017 10:05 AM
Rainmaker
1,618,024
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

most of them are in fear

May 30, 2017 09:34 AM
Rainmaker
5,420,992
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Currently not in the frame of mind to deal with tenants!

May 30, 2017 08:14 AM
Rainmaker
1,745,727
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

UH?

May 30, 2017 08:04 AM
Rainmaker
5,773,924
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It may not fit their financial goals.  Real estate is great, but it is not the end all be all.

May 30, 2017 07:59 AM
Rainmaker
1,713,576
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I am.

May 30, 2017 07:35 AM
Rainmaker
5,212,660
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Liquidated now when the market peaked.

May 30, 2017 07:38 PM
Rainmaker
2,818,606
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

I'm neither an agent nor a real estate investor.  I do own my own homd though.

I would never choose to invest in real estate due to 1) I think there are much better long term investments w/ higher return, 2) real estate can (and has been much more volatile...and I prefer to have liquid assets...so I can get to them when I want to/need to, 3) real estate investing is not passive and takes a lot of work to do it right...and I'd rather invest that time into something that I'm better at and will have higher return...so that I have more savings to reinvest. 4) I don't want the headache.  And, yes, I have seen lots of it from customers.

To each his or her own.  I leverage my strengths (and my MBA).

May 30, 2017 03:08 PM
Rainmaker
2,827,529
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Same goes for all professions its for the ones it beckons & they who answer

May 30, 2017 02:46 PM
Rainmaker
280,599
Jeanne Gregory
RE/MAX Southwest - Sugar Land, TX
The most important home I sell is YOURS!

I've often voiced my opinion that this is the only business where "insider trading" is legal.  We are pretty diversified, but have a few rentals that we picked up for cash and fixed up.  Definitely wouldn't want all my eggs in one basket, but I do enjoy the rental property.

May 30, 2017 12:59 PM
Ambassador
2,699,231
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 N/A

May 30, 2017 10:02 AM
Rainmaker
8,079,548
Roy Kelley
Retired - Gaithersburg, MD

I have invested in real estate for over 50 years.

May 30, 2017 09:51 AM
Rainmaker
1,530,144
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

n/a

May 30, 2017 09:36 AM
Rainmaker
5,584,078
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

at one point, I owned 23 units.... I was... and now I've sold off everything except the home I live in and one single family that I use ONLY for family....

May 30, 2017 07:36 AM
Rainmaker
5,248,445
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Not my choice of investment... not liquid enough.

May 30, 2017 07:32 AM
Rainmaker
602,025
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Real estate is one of the best investments out there!

May 31, 2017 05:49 AM
Rainmaker
4,800,282
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't want to compete with my clients.

May 31, 2017 05:45 AM
Rainmaker
4,321,670
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Tom Cafarella - it's just not my passion - as yet!

May 30, 2017 10:37 PM
Rainmaker
809,308
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

On the fix/flip side we make more money on commissions in the time and financial investment it takes to do those.  On the rental side, we have had rentals and we sold them last year.  We will buy more in the future, but not now. -Kasey

May 30, 2017 09:37 PM
Ambassador
5,427,693
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I'm a big beliver in diversification in investments and yes, am a real estate agent-investor.

May 30, 2017 09:05 PM
Rainmaker
2,420,833
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I am and thankful that I have been able to do so

May 30, 2017 08:11 PM
Rainmaker
3,986,423
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

age

May 30, 2017 06:33 PM
Rainmaker
3,416,322
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I can say i list, i sell, i buy, i fix and i sell. I like renovating 1 a house a time right now. There was a time i did 4 and 5 but that is too stressfull. I can make more doing 1 then when i was doing 4. 

May 30, 2017 04:46 PM
Rainmaker
1,243,065
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

To be honest Tom Cafarella, my wife is dead set against it.

May 30, 2017 04:35 PM
Rainmaker
3,073,909
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Wayne Martin nailed this one!

May 30, 2017 08:27 AM