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Updated almost 11 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Jason Rodriguez
  • Homeowner
  • New Braunfels, TX
3
Votes |
17
Posts

Best exit strategy from my JOB?

Jason Rodriguez
  • Homeowner
  • New Braunfels, TX
Posted

Hello all. So as the question states I plan on leaving my job and have self-imposed date of 2 years max. (At this time, I have zero experience)

My question is which RE investing strategy should I pursue to start with, to insure that I have adequate income within the first 2 years?

My current plan is to gather 10 rentals first. Then when I leave my job I have "regular" income from the properties that would not vary month to month as much as say wholesaling or flipping. Then after I do leave, I can start flipping since I'll have more time and also the supplemental income from the rentals. Or possibly sale 1-2 rentals to fund my first flip. 

Anyone with experience taking this strategy? Or anyone see any advantages or weaknesses with this approach? All input welcome. 

Thanks in advance!

Jason

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