Two Roads Diverged In A Yellow Wood,
I have reached a fork in the road between two career paths.
To make a very long story short, I became infatuated with real estate investing in my first year as an architecture undergrad student. I changed my major to business with a focus in real estate. I quickly came to the conclusion I did not need a degree to be a successful real estate investor, I needed capital. Shortly thereafter, I dropped out and have been working towards an apprenticeship in the highest paying job I could find, overhead power lineman (after 5 years most guys make $130k). That being said, the money is made from multiple days of overtime 60-70 hour weeks, and the fact that the job is physically dangerous (top 10 most dangerous profession https://www.tdworld.com/transmission/utility-line-workers-one-top-10-most-dangerous-professions ).
The other option I am seriously considering is to become a real estate agent. I am undecided as to whether I would like to work in residential or commercial. I have connected with both commercial and residential agents, and am weighing my options. I am looking for advice on how to go about picking a company to work for, as well as people’s experiences as either a residential or commercial agent.
I live in Newport, KY, right across the river from Cincinnati, which is currently being heavily invested in, from all over the world.
I feel that now is the best time to make a run at being an agent, being young and without children, having very minimal living expenses, and being able to be covered on my parents health insurance for a few more years.
I would love to hear more from successful investors who pursued investing from a W2 Career as well as from a commissioned based career.
Any advice or shared experiences will be greatly appreciated!