Any insight or advice would be appreciated…
I graduated college 1.5yrs ago and I have a really good job right now in medical device sales. I have the potential to make 6figures in just a few years and live comfortably, and then maybe move onto something else from there.
However, I’ve always had the entrepreneur spirit and cannot even imagine being an employee for more than 2 more years.
…at what point should I leave my 9-5 and go full-time into real estate investing? I don’t have much saved right now, but I don’t have many expenses either. I want to learn everything I can about real estate, but it’s difficult to do when you can’t devote 100% of your time to it.
I don’t have any financial backing, so if I screw up, it’ll take a lot out of me to get back on track. Has anyone been in my situation? When did most of you go full-time into real estate investing? Did you start from scratch? What do you advise for someone like me who wants to go into real estate full-time and work his way up?
I have experience right now as a bird dog and with short sales. That’s about it. My major bread and butter if I go full-time would be to continue being a bird dog and keep any real good deals I get for myself. I live in an over-priced market so its very hard to make money off rental incomes right now. I don’t know what the future of the real estate market holds (of course, no one does), and that is a major factor is going full-time into real estate investing. I don’t want to hit a plateau or be lost or be broke… or have expenses draining my savings with no income coming in…
please share your thoughts/experiences…