Tag: investing

Some thoughts a week in on the new job

Carl Setzer

Well, one heck of a week, and weekend. First week at the new job. My new team is awesome! One of my challenges is to stop working and head home. Good problem. Now, this coming week has some significant demands, so I expect I’ll be more effective at leaving on time.

While I was working at Eagle Country Construction, I opted to let my license lapse. Now I’m going to renew it. Fortunately, my license wasn’t that far expired. I just need to take a bunch of classes and pay renewal fees, plus and “late” fee. I will have that done in a few weeks. After that, I can provide you and counsel.

Not sure all I will do with the license, but I am confident that real estate will be the main part of the next few years at least. What’s fun is the wide array of opportunities that entails. Besides your traditional buyer/ sellers agent, there’s commercial real estate (I definitely want to understand that better), portfolio analysis property management, portfolio management. Plus my experience in construction and permitting adds a lot of options, too.

I’m excited about the next stage in my career. There’s so much potential.

Please give me a like and follow. It helps things out a great deal. Plus, it’ll be easier to stay in touch.

Should I Become A Real Estate Mogul? 

Carl Setzer

I’ve had my real estate license for several years. However, last December I let it lapse. Over the years I held my license I closed no transactions…as an agent. My company sold bank and government owned homes. That was my focus. So I didn’t work with clients exactly. I worked with asset managers, on behalf of the institution that owned the house in our portfolio. I needed my license, but I never needed to go out and generate leads and such that’s part of being a real estate agent. Buy I know about the local market, how to price a home, how to market it, and I know the contract process better than most agents. So, though I haven’t a single transaction officially tied though, I’ve closed hundreds.

So, I’m trying to figure out what to do next. I’m nearing the end of my grace period with the state of Washington. After December, I’ll need to retake my real estate course work from scratch to renew. Right now, I just need to take a few hours of online course work and then pay the renewal fee. It’s very tempting.

In my current role, I manage the construction process from getting a contract signed around to having permits in hand. I believe that my understanding of the construction process coupled with my understanding of bank and government owner homes gives me a unique skill set in the real estate world. New construction, custom homes as well as real estate flipping and investing are things I understand well.

But, is it enough to make the investment worthwhile! Would I make back the investment in time and energy? I’m just not sure. What do you think? I’d love to hear your insights and recommendations.

Not sure I want to become a mogul. But I think I could make a positive impact on the world.