4 Real Estate Career Choices

One of the most effective ways to win big in real estate is to understand the career choices available in this space and fully understand its ins and outs. Or perhaps you can dabble in all of them in some way? Steven Jack Butala and Jill K DeWit present the four career choices you could embark on in real estate and what you can expect to achieve in each one.---Listen to the podcast here 4 Real Estate Career ChoicesOverviewI'm Steven Jack Butala.I'm Jill DeWit and this is the Land Academy Show.This is episode number 2079. Today is Monday. We're talking about the four career choices that you have in real estate all week this week. We're going to take each day, Monday through Friday, and talk about each of these choices. Today, we'll do a little bit of an overview. I have to admit that I sat down and wrote this barebone script like I do every single week for John and me to do our podcast. I didn't fully realize, I guess I haven't thought about it lately, how much of an impact the real estate industry has on all of us all the time every day. I guess we don't think about it.I do.Are you thinking about real estate all the time?I do, actually. We know it's interesting in two parts. To answer your question or follow up on your comment, I should say I do think about it because I'm always thinking about where people are living and why they're living there, For so many people on the planet, where they can afford to lay their heads at night dictates where they are. It often will dictate their career.People make career changes so they can afford to have a “fill in the blank” house or something like that. There's a lot that goes into this in our lives. The other thing I was going to say is are you going to bring math into this? I'm sure you're going to discuss good and bad. Here's what you could make and here's what most people make, and here's what a lot of people make kind of thing. There are different levels of all of these.Here's some maths to begin with. If you look at what you're daily budget is or the budget of anything, there are three things on the top that are very expensive. We'll start with all of our personal budgets in our lives. Number one, and not necessarily in this order, is real estate. You have a mortgage, rent, or whatever. That in of itself tells you that if a lot of money is coming out of our pockets every month, it's going somewhere. We'll talk all about where it's going. Number two, real estate, healthcare, and education are the three largest budget items that we all have. It's what the governments have. Those are the three largest items for the government.Hold on a moment. I know a lot of people that have cars in there. I'm not saying that it's good or bad. I like your math better. I know a lot of people who are upside down and they do cars. I'm sure you know this. Cars, real estate, and fun. Seriously. This is why the world is upside down right now. I'm not kidding. If you go on Facebook or social media, it looks like cars, entertainment, real estate, and then food and clothing. Somewhere at the bottom is education and healthcare. They are way low.They are optional. Education and healthcare are optional.I'm not trying to say that. For someone who's 21 years old, that's very true. We may know some people like that.Real estate is an expensive option for a lot of people now, especially in a big city. You can stay on the sidewalk and that's free. Where did this go, Jill? We always count on Jill to take us to a place that is completely unintended on the show.Thank you for saying unintended, not saying unimportant. I thought that’s what you were going to say. All right, back to it.Here are the four. We'll talk about it on Monday, Tuesday, and Wednesday kind of thing. On Tuesday, we're going to talk about the landlord model. That's an obvious choice when you buy a house or buy something, you rent it, and there are some huge benefits. Depending on your personality type, there are pros and cons to all of these things.