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Ambassador
3,430,532
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have no clue what other real estate agents think about. 

It is none of my business. 

Jan 12, 2023 10:35 AM
Rainmaker
2,522,423
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I would HOPE it would be 100% William Piotrowski . Nothing worse than a professional who says "Do as I say, Not as I do".

Jan 12, 2023 12:00 PM
Ambassador
2,708,363
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

I can get a five or six percent return on the full price just for selling a house.  Why bother owning the thing?  

                 😃

Jan 12, 2023 10:42 AM
Rainmaker
1,619,811
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

Only one, me.

If there are more, they have not reported in to me as of yet.

Jan 12, 2023 12:47 PM
Ambassador
3,661,533
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

In sense most of them do as most agents, at the very least, buy their own home.

Jan 12, 2023 12:29 PM
Rainmaker
874,080
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

I'd say the great majority must at some point or another.  Whether or not they do is a different story.  :)

Jan 12, 2023 11:06 AM
Rainmaker
618,036
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

Don't know how many, but I've been doing it since the 70's...

Jan 12, 2023 10:27 AM
Rainmaker
684,752
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Don't really know for sure ... but from the ones I've spoken with, not a high percentage.

Jan 12, 2023 01:37 PM
Rainmaker
1,641,844
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker, Notary

Probably all, but maybe only 20% or less do.  

Jan 12, 2023 01:21 PM
Rainmaker
2,849,068
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Sure thing retirement strategy is for agents to buy Real Estate & rent out

Jan 12, 2023 11:47 AM
Rainmaker
1,292,445
Peter Mohylsky,
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I have considered it.  and even done several rentals over the years.  I have been on the sidelines lately and just watching  

Jan 12, 2023 11:34 AM
Rainmaker
922,444
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Probably all think about it, but not all do it. It takes resources, both financial and managerial. 

Jan 12, 2023 11:26 AM
Ambassador
6,689,876
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It takes more than thinking about it, we have been investing in properties much longer than we have been agents.

Jan 12, 2023 12:32 PM
Rainmaker
5,201,992
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

If I was 30 years youngers I would!

 

Jan 12, 2023 12:15 PM
Ambassador
3,267,199
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
The best agent in Southern Utah!

Not sure. I do not because the laws are more in favor of renters now than home owners and there is always that element that will wreck you by refusing to pay rent when due!

Jan 12, 2023 11:02 AM
Rainmaker
8,153,271
Roy Kelley
Retired - Gaithersburg, MD

Thinking about it and doing it are two different things. Many agents simply do not make enough to become investors. Look at the average income of NAR members.

Jan 12, 2023 04:48 PM
Rainmaker
5,485,011
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

When active, I was active. Now retired I am retired.

Jan 13, 2023 04:27 AM
Ambassador
4,979,378
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I would think that all of them do since they see day in and day out the good investments others are making, haha.

Jan 13, 2023 04:23 AM
Rainmaker
1,259,568
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I have no way of gauging that but a great many do and the rest probably have it cross their minds from time to time.

Jan 13, 2023 06:51 AM
Rainmaker
789,644
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I can't give you a number but can make a guess and the guess would be that it is far less than it should be.  We don't have a pension and we know real estate.  We make our own retirement whether it's fruitful or painful.

Jan 14, 2023 09:11 PM
Rainmaker
1,650,542
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

I am:) 

Jan 14, 2023 01:31 PM
Rainmaker
696,574
Ray Henson
Retired - Goodyear, AZ
Retired Real Estate Agent

It is the reason I entered the business.  It is also the reason I might be able to retire soon.  The few rentals I purchased during and just after the Great Recession have changed my life.

Jan 14, 2023 07:29 AM
Rainer
373,154
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

I talk to potential investors all the time, and most don't realize investing in my local market typically requires a min of 30-50% down payment because banks often won't lend with less for an investment property here. Cap rates are also low- typically 2-4%. BUT...property taxes and capital improvements are tax deductible, and with depreciation, 1031 exchanges, etc- it can be a great investment if you have the cash to make it work. I just put together a pitch deck yesterday for a former athlete looking to put together an investment group for a small portfolio of 5 apartments in a new construction condo for $6.8m. That said, I am not in a position right now to participate in this capital raise, but I personally think it will be a great investment. 

Jan 13, 2023 11:36 PM
Rainmaker
637,534
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

I don't handle rentals in my real estate business, and I would not want to be a landlord of property that I own.  Building equity in my own home is totally different. 

Jan 13, 2023 04:50 PM
Ambassador
5,168,027
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No doubt many do, many have, and others don't.

Jan 13, 2023 12:51 PM
Ambassador
3,213,539
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

not this one.  I had rental properties when I was younger.  Nope, never again.

Jan 13, 2023 11:19 AM
Rainmaker
1,101,239
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Fewer than should, I suspect . . .

Jan 13, 2023 08:24 AM
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