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Updated over 7 years ago on . Most recent reply

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Nick Zias
  • Investor
  • Flushing, NY
3
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32
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Choosing the right path

Nick Zias
  • Investor
  • Flushing, NY
Posted
Hi All, If your main goal is to invest in rental properties and retire from the corporate world in the next 5-10 years would you choose a job that pays more, is more stressful, longer hours and more one dimensional or a job that pays 20k less but is less stressful, easier commute and more transferrable to other industries? Most people I ask say to take the lower paying job because Ill be happier and I will eventually make more with raises etc, but if I don’t plan on staying in the corporate world I feel that the extra 20k a year will help towards investing and retiring quicker. Im hoping all the like minded investors on here can weigh in? Thanks for any help, Nick

Most Popular Reply

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6,500
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
3,173
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied

Two questions:

  1. If you take the $20k/year higher job, will you have enough time to do real estate investing with the extra money? 
  2. What would real estate investing look like in both scenarios? Like what would you be doing with your money, how much money do you have, and how would you continue building it? Mainly, what are the differences in numbers and what would you be doing with the money?

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