Financing Your Real Estate Career, Hot Markets, Price Drops, and How to Invest

If you’re considering a real estate career, you may also be wondering 🤷‍♀️ how to finance 🏧 it. The majority of residential 🏘 sales 🛍 professionals, commercial agents and property managers are self-employed independent contractors who earn commission-based incomes 🤑 that vary from month to month. Building up 🆙 your business and income may take some time ⏰.

When looking for good real estate deals 🤑, the most important factor investors need to consider is location 🗺. For savvy investors, not all real estate markets are created equal 🙅‍♂. When it comes to where to invest in real estate, one of the most intriguing debates 👨‍⚖️ today among real estate investors is whether to go for a primary vs secondary market. So, which of these two markets 🤷‍♀️ should you invest in?

CNBC’s Diana Olick reports 🎙 on how rising rates 📊 are impacting monthly 📅 mortgage payments.

With the combination of extremely low 🔽 inventory and interest rates holding near historic lows, forecasts show 2021 shaping up to be a strong 💪 year of originations with increased emphasis ❗️ on buying. These conditions created rampant bidding 🙋‍♀️ wars and soaring profits for sellers in the past year, while the shift 👉 to working remotely caused buyers to flood 🌊 markets where they could get more space for their money 💵. With home price growth expected to taper after surging in 2020, some markets will stand out above the rest.