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Updated almost 8 years ago on . Most recent reply

User Stats

94
Posts
43
Votes
Kathryn Daniel
  • Property Manager
  • Gurnee, IL
43
Votes |
94
Posts

Should I keep my FT job?

Kathryn Daniel
  • Property Manager
  • Gurnee, IL
Posted

I'm in a position where I can leave my job and live for a bit on a pretty decent bonus. I also have my broker's license and would like to work as a broker to help others find/sell homes as well as to find new properties for myself. I also have 3 kids, 2 of whom are in school full time, and would like a more flexible schedule. However, I could stay with my current job (I am a property manager by trade so this works well for investing) which would make it easier to buy more properties in the future. I currently own 14 units and am under contract for another 4, so it's been getting a tad more difficult to acquire more properties. How beneficial is it to have W2 income? How hard will it be to continue to invest in properties without steady income? All of you seasoned pros, please give me your advice! Thanks in advance!

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