I quit my job today

Investor · Cedar Rapids, IA · Member since 2013 · 494 posts · 407 votes

BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties later I'm finished with the rat race; I'm 50. I wanted to share this with the BP community because none of my working friends want to hear it.

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Nick McCrorey

Milwaukee, WI · Member since 2014 · 3 posts · 15 votes

11y

Congrats Dad!

Agree with @Chris Simmons You should expand on the story. It's been inspiring to watch and I'm sure others would appreciate it as well.

@Brandon Turner, although I am admittedly biased, I have been wanting to nominate my dad as a podcast candidate for some time. I can't think of a better 50th birthday and retirement present. Hilarious, down to earth, and sharp guy with a great story and unusual business model!

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JC Gauthier
Apopka, FL · Member since 2014 · 183 posts · 23 votes
11y
Way to go! Congratulations. Definitely want to hear the journey and what you are planning for the future!
0 Reply
Greg Baker
Rochester, NY · Member since 2014 · 83 posts · 19 votes
11y
Congratulations!
0 Reply
Michael Gammage
Wholesaler · Lakewood, CA · Member since 2013 · 20 posts · 6 votes
11y
Hallelujah hallelujah.. lol - I'm going to follow your lead really soon my friend. Great work.!!!!
2 Reply
Kevin C.
Investor · McKinney, TX · Member since 2009 · 405 posts · 160 votes
11y
Congratulations Glenn!
0 Reply
Brandon Cravens
Investor · Houston, TX · Member since 2014 · 94 posts · 40 votes
11y
Add me to those that want to hear the story!
0 Reply
Michael Graham
Real Estate Investor · Newark, DE · Member since 2014 · 20 posts · 4 votes
11y
@Glenn McCrorey you're the man! Just be sure to welcome me to the 1% later on haha!
0 Reply
Jason Fraser
Salt Lake City, UT · Member since 2013 · 164 posts · 73 votes
11y
congrats
0 Reply
Nate Perry
Involved In Real Estate · San Antonio, TX · Member since 2014 · 34 posts · 7 votes
11y
Originally posted by @Glenn McCrorey:

Way to go Glenn!
0 Reply
Brady Hanna
Investor · Shawnee Mission, KS · Member since 2013 · 82 posts · 12 votes
11y
Congrats Glenn! Awesome to have an example of where I wanna be at 50!
0 Reply
Glenn Willeford
Baton Rouge, LA · Member since 2012 · 61 posts · 10 votes
11y
Great job!!
0 Reply
Jason D.
Investor · Rockford, MI · Member since 2013 · 116 posts · 54 votes
11y
Huge congrats! I've set my goal at 45 (14 more years) I can only hope to match your pace and get there at 42! Enjoy the rewards of all your sacrifice!
1 Reply
Carey Edmund
Investor · Texas/Colorado · Member since 2014 · 72 posts · 36 votes
11y
Congratulations Glenn! You didn't just quit your job today, you also inspired a lot of people. The very best to you in your new rat race free life.
3 Reply
Roy C.
Rental Property Investor · NC · Member since 2014 · 132 posts · 40 votes
11y
Congrats! As a newbie investor, you have inspired me! I will strive to be get to where you are... One step at a time.
"Tomorrow will be the most beautiful day in @Glenn McCrorey s life. His breakfast will taste better than any meal you and I have ever tasted."
0 Reply
Andy WebbPro Member
Rental Property Investor · Carrollton, TX · Member since 2013 · 750 posts · 538 votes
11y
Rock on @Glenn McCrorey !
0 Reply
Steve Olafson
Scottsdale, AZ · Member since 2014 · 659 posts · 536 votes
11y
Love it! I quit my job 15 years ago and have not missed it one bit. I golf, play a lot of softball, run most days, walk my dogs, do some real estate projects.... stuff like that. It has not all been peaches and cream. The mega downturn hit me like a bat to the head. But, I recovered well enough.
Life is meant to be lived on your terms. You go!!!
5 Reply
Susan Velasquez
Ontario · Member since 2013 · 28 posts · 6 votes
11y
fantastic accomplishment,Glenn! Are you stopping at 28 properties? I don't think so;)
0 Reply
Ndy Onyido
Toronto, Ontario · Member since 2014 · 615 posts · 172 votes
11y
@Glenn McCrorey
Congratulations! With 28 properties, am sure the decision to focus on this full time will yield desired dividends.
Congrats again
0 Reply
Anitra Sanders
Investor · Brandon, MS · Member since 2014 · 5 posts · 2 votes
11y
Congrats!!!!
0 Reply
Vince Beusan
Laguna Hills, CA · Member since 2014 · 146 posts · 31 votes
11y
@Glenn McCrorey
Congratulations and thank you for sharing your success! You're inspiring many others to do the same and follow the plan of 'slow and steady wins the race'. Great to hear you had a plan, stuck to it, and executed it consistently.
You've made the shift to the "I" quadrant, while your working friends wish to stay in the "E" or "S" quadrants
What are the plans now with your new FREEDOM?
1 Reply
Naveen Desai
Real Estate Professional · San Francisco-East bay, CA · Member since 2013 · 340 posts · 50 votes
11y
Congratulations! @Glenn McCrorey . Enjoy, plan to do everything you wanted to do and couldnt due to work hours. When I get to the point you are at, I pledge to dedicate some regular time to others who want to get there :).
0 Reply
Brian Lee
Investor-Realtor · Union, NJ · Member since 2013 · 48 posts · 4 votes
11y
Congrats!
0 Reply
Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
11y
@Glenn McCrorey
Congrats now the real work begins...!! I don't know about others but I have never worked I started in RE at 18 and have been doing it ever since and I am 58...
Like @Steve Olafson I have had my ups and downs but more ups than downs.. I just look at it as a lifestyle.. Never as a job.
But this lifestyle can become all consuming.. And when its good its great when it sucks, you then wonder why the hell you did this and why you did not just get a corporate job and have all that security.. LOL.
Best of luck to you.. last 4 years have been some great times for all to jump in.. I think reader needs to remember that these were very rare and special times were you could buy assets so low with such high rents... We are seeing now how people are pulling back saying they are going to coast for a while etc etc..
So one needs to remember what you did in the past may not be quite as lucrative in the future vis a vi cash flow buy and hold... Flipping and value add works in any market conditions at least for me is does. And or if the metrics are still there in your market now then by all means load up...
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5 Reply
Tanya F.
Rental Property Investor · Madison, WI · Member since 2013 · 629 posts · 339 votes
11y
Congrats!
We just have 5 units. I'm at the point where I could quit, but we'd be really just squeaking by. <Jealous!> Looking forward to getting to the the point where you are, and figuring out how many units that might be. What I want is a secure part-time job. Enough of this full-time!
And looking forward to hearing more of your story.
0 Reply
Ebrima Drammeh
Kalamazoo, MI · Member since 2014 · 19 posts · 0 votes
11y
congratulations. This is motivational!
0 Reply
Mike T.Pro Member
Investor · Tampa, FL · Member since 2012 · 94 posts · 26 votes
11y
Great job, Would love to see a breakdown of how you financed so many properties in a short tim - Conventional, Private, Seller Financing etc.
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