Should I Pull The Trigger?

Should I Pull The Trigger?

New York, NY · Member since 2009 · 47 posts · 1 vote

Hello BP,
I am totally new to REI but, I I'm already in love with it (I have15 yrs. previous mortgage exp). My delimma is that I have never done anything half way so, I'm out on a leave of absence from my job until 1/15/10. and want to leave and do this full time. Question?
*What do you seasoned guys recommend?

Can you realistically expect to produce any kind of income in 30 days? or is this unreasonable?

*I am willing to put 16 to 18 hrs a day 6 days a week if needed!!

(chomping at the bit)

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  • New York, NY · Member since 2009 · 47 posts · 1 vote
    16y

    I've made my Decision...POW!

  • Real Estate Investor · Portland, OR · Member since 2009 · 660 posts · 244 votes
    16y

    Since you are willing to work two jobs, I think the most prudent course is continuing with your old job till your side real estate income meets or surpasses your 'day job' then you consider making the leap full-time ....

  • New York, NY · Member since 2009 · 47 posts · 1 vote
    16y

    Thanks Ted...

  • Real Estate Coach · Grand Rapids, MI · Member since 2008 · 204 posts · 188 votes
    16y

    You know what from my experience you could go either way.

    I've been successfully unemployed for the past 8 years and love it. But, I've had alot of buddies who's "Unemployed dreams" turned into their worst fricken nightmare.

    If you can keep your work ethic up when nobodies around then you can do it. BUT You might be smart to see what you can get going BEFORE Your deadline.

  • New York, NY · Member since 2009 · 47 posts · 1 vote
    16y

    Thanks Eric,
    That makes sense to me...

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