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The differences between real estate investors and entrepreneurs can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a real estate investor and an entrepreneur. Additionally, a real estate investor has an average salary of $81,345, which is higher than the $70,849 average annual salary of an entrepreneur.
The top three skills for a real estate investor include residential real estate, real estate license and general contractors. The most important skills for an entrepreneur are kids, web design, and product development.
| Real Estate Investor | Entrepreneur | |
| Yearly salary | $81,345 | $70,849 |
| Hourly rate | $39.11 | $34.06 |
| Growth rate | 3% | 6% |
| Number of jobs | 18,761 | 34,711 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 62% |
| Average age | 48 | 44 |
| Years of experience | 6 | 6 |
Also called real estate entrepreneurs, real estate investors are professionals who invest in real estate. Real estate investors purchase a property, make some improvements or repairs. They then sell the property for profit. It is their responsibility to assess the real estate market and properties already bought to build wealth. They need to develop skills in communication, marketing, investment, and customer service. Also, they should have a significant level of knowledge about the real estate business.
An entrepreneur is a business owner who regularly creates new ventures and sells them with the end goal of turning them into profit. To start up a new business, entrepreneurs must create business plans and acquire resources and financing while hiring talented individuals. They play a vital role in the economy because they are the driver of economic growth and innovation. They also make use of their business as a means of creating a sustainable living, which improves the quality of life.
Real estate investors and entrepreneurs have different pay scales, as shown below.
| Real Estate Investor | Entrepreneur | |
| Average salary | $81,345 | $70,849 |
| Salary range | Between $53,000 And $124,000 | Between $42,000 And $118,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | General Catalyst |
| Best paying industry | - | Finance |
There are a few differences between a real estate investor and an entrepreneur in terms of educational background:
| Real Estate Investor | Entrepreneur | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between real estate investors' and entrepreneurs' demographics:
| Real Estate Investor | Entrepreneur | |
| Average age | 48 | 44 |
| Gender ratio | Male, 68.4% Female, 31.6% | Male, 58.5% Female, 41.5% |
| Race ratio | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.8% American Indian and Alaska Native, 0.6% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |