Question
How much money should you have saved up before you start real estate?
I'm going to real estate school soon but what i'd like to know first is how much money on average or how many weeks/months income should I saved up first? bc I know I won't get paid right away and i'd like to have a little something on the side. My husband will cover bills/living expenses. I just need to know how much i'll need in fees/costs etc
6 months ago - 3 answers
Best Answer
Chosen by Asker
You can figure it will cost you 500 a month to do this. Do not expect income for a year or so.
by Landlord
6 months ago
Asker's Rating: 
Other Answers
emergency savings should be 8 months of income
by sassy2- 6 months ago
If you don't have to be the primary wage earner, consider how much spending/fun money you'll want saved for about six months. You'll also want to have a few thousand saved for startup costs as a realtor for advertising, signage, association dues, etc.
by rashiracer- 6 months ago