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Updated over 3 years ago on . Most recent reply

User Stats

24
Posts
17
Votes
Eric Abel
  • Real Estate Agent
  • Milwaukee
17
Votes |
24
Posts

W-2 Jobs for knowledge

Eric Abel
  • Real Estate Agent
  • Milwaukee
Posted

Hey there BP Community! I would love some suggestions and advice. I have been on my real estate investing journey for about a year and a half. So far, I've obtained my buy and hold rental property, a duplex I'm house-hacking.  I've also been wholesaling for about 9 months with some success but nothing I could live off of. In the next month, I will also have my Realtor's License. As I approach Spring I must make a decision. Either, I stay at the well-paying paving job I've had for the last 3 years, "burn my boats" and fully lean into my Realty/wholesaling business, or find a new W-2 job that will provide knowledge/skills that will benefit me in the Real Estate world. I am not asking anyone to make the decision for me. I would like to know if anyone has been in a similar situation and what you did. I am also interested in hearing job suggestions that would benefit me later on in my real estate career.

Most Popular Reply

User Stats

10
Posts
3
Votes
Nick W.
  • Contractor
  • Boston, MA
3
Votes |
10
Posts
Nick W.
  • Contractor
  • Boston, MA
Replied

@Eric Abel I am a construction superintendent and a realtor and plan to get into house flipping. I have found a lot of the construction knowledge transfers directly into my agent business. I can walk a property and know what problems will arise before an inspection. I also have the knowledge and license to be my own GC on a reno or new build which saves a ton of money. You make great connections with tradesman who can be a huge help. It’s not for every one because it can come with tough hours but looking back over the last two years it’s amazing all the knowledge I have acquired that ties directly into investing.

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