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This is funny, last year, I got my real estate license too. And my reasons were also a bit similar though I don't really want to leave software dev completely.

This is funny, last year, I got my real estate license too. And my reasons were also a bit similar though I don't really want to leave software dev completely. The ideal situation for me would be to work on my own projects, while real estate business pays the bills. For years, I used to write code after work and that started to get very draining. However, I haven't really started real estate business properly, and still have day job. Do you have any advice for software devs to transition to real estate?

poulsbohemian 6y ago
My contact info is in my profile, feel free to reach out as it might be a longer conversation than we can have here. That said - it's like everyone says about startups: focus. You have to be clear about what you want to do with real estate, as it is a really big space. My partner and I have a pretty clear 10+ year picture of what we want to do in our local market. I don't know DFW apart from a couple business trips there in the past, so you'd know better than myself what opportunities exist there. One thing I'll note: people often disregard real estate as a "backup career". It takes a very broad skill set - everything from marketing to finance to construction and design skills, along with a whole lot of psychology, to do it right. The reason I point this out is that unless you are in a market that is just completely flush with opportunities, you really need to be committed to it and not just as a sideline if you want to understand what's happening in your market and how to compete successfully. In my own area I see a lot of part-timers who don't really understand market dynamics and they screw over a lot of their clients as a result and/or make poor investment choices. Just like all the startup advice you've ever received: have a plan and just do it.
- amerkhalid 6y ago
  Thank you, that is a good advice. I will follow up with you later when I am ready to focus, if you don't mind.

poulsbohemian 6y ago

My contact info is in my profile, feel free to reach out as it might be a longer conversation than we can have here. That said - it's like everyone says about startups: focus. You have to be clear about what you want to do with real estate, as it is a really big space. My partner and I have a pretty clear 10+ year picture of what we want to do in our local market. I don't know DFW apart from a couple business trips there in the past, so you'd know better than myself what opportunities exist there. One thing I'll note: people often disregard real estate as a "backup career". It takes a very broad skill set - everything from marketing to finance to construction and design skills, along with a whole lot of psychology, to do it right. The reason I point this out is that unless you are in a market that is just completely flush with opportunities, you really need to be committed to it and not just as a sideline if you want to understand what's happening in your market and how to compete successfully. In my own area I see a lot of part-timers who don't really understand market dynamics and they screw over a lot of their clients as a result and/or make poor investment choices. Just like all the startup advice you've ever received: have a plan and just do it.

amerkhalid 6y ago
Thank you, that is a good advice. I will follow up with you later when I am ready to focus, if you don't mind.