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Updated almost 6 years ago on . Most recent reply

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Joseph Jar
  • Elkton, MD
2
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4
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Best job to get if you want to be a realestate investor.

Joseph Jar
  • Elkton, MD
Posted

I am a manufacturing engineer and I don't like my job.   I was interested in engineering while in school but now find that I'm just not passionate about it.  What I am passionate about is real estate investing and the finances.  

With a B.S. in mechanical engineering.  Does anyone know of a good job I could work that would give me an advantage in the real estate industry while I am slowly investing in real estate.  I don't want to be a real estate agent.

I saw a job posting for a county tax assessor.  I feel like I could learn alot from this job but i don't know for sure.  

Does anyone have any thoughts?

Most Popular Reply

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1,568
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567
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Peter MacKercher
  • Residential Real Estate Broker
  • Saint Louis, MO
567
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1,568
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Peter MacKercher
  • Residential Real Estate Broker
  • Saint Louis, MO
Replied

Generally you can approach real estate investing from two strong positions: with lots of knowledge or with lots of capital. There's a spectrum between the two, but if you've got a well-paying job you're probably best advised to keep that and build up funds to investing with. You can either know what you're getting into and do things yourself or spend a bit more money going for a less DIY approach (while still learning).

Like @Anthony Gayden said, I always suggest people without funds start out working for a property management company. It's a great way to learn from the ground up while making money doing so, but you'll make more as an engineer and be able to fund your investing until your investing funds you. Maybe not the answer you're hoping for, but that's your safest bet.

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