Investor · O'Fallon, IL 62269 · Member since 2021 · 134 posts · 44 votes
What's a good, high-paying job that would be good for a young guy like me that is looking to make real estate investing my life and career, a job that brings in good income so I can save it and invest it. My degree is in business administration. What high-paying jobs could I look for with this degree? Now say I didn't have a degree, what jobs would be good to look into that pay well if you work hard and put long hours in. I need to increase my income. Thanks, guys, I know I post a lot, but you're like my family/mentors I never had. I've learned so much already from you all truly!
Handyman · Pittsburgh, PA · Member since 2018 · 5k+ posts · 13k+ votes
5y
LOL. @Jayden Hamilton, my degree is in English Language and Literature. I was a remarkably good English as a Second Language teacher. These days, because ESL pays diddley-squat, I am a remarkably good residential handyman who works on his own properties. I am compensated unbelievably well for my work, and what's even better, I'm compensated in both increased rent and equity, not a one-time paycheck.
The bad news is, you can look forward to at least a five-year apprenticeship, you have to have reasonably good hand-eye coordination, the job is more dangerous than most, you get no respect, and you'll spend too much time alone trying to motivate yourself.
Handyman · Pittsburgh, PA · Member since 2018 · 5k+ posts · 13k+ votes
5y
LOL. @Jayden Hamilton, my degree is in English Language and Literature. I was a remarkably good English as a Second Language teacher. These days, because ESL pays diddley-squat, I am a remarkably good residential handyman who works on his own properties. I am compensated unbelievably well for my work, and what's even better, I'm compensated in both increased rent and equity, not a one-time paycheck.
The bad news is, you can look forward to at least a five-year apprenticeship, you have to have reasonably good hand-eye coordination, the job is more dangerous than most, you get no respect, and you'll spend too much time alone trying to motivate yourself.
Realtor · Boulder, CO · Member since 2016 · 3k+ posts · 5k+ votes
5y
Seeing how you want to make real estate investing your life and career, working as a realtor would be an obvious choice. There are pros and cons of course: It's not an easy way to make a living right out of the gate, but all the agents I know who started young and kept at it are doing very well now (actually very, very well but I'm in an expensive market). You'll also need to have several years of consistent commission income before being able to qualify for loans, as opposed to a high-paying W2 position that may be more consistent and make it easier to qualify sooner. However this is a non-issue for agents that do well, as they have sufficient income and access to capital to purchase properties for themselves no problem. I'm enjoying working as an agent more than I expected to. You could also work on getting licensed and even get started working as an agent while working another job. You'll learn a lot about real estate this way, which seems to be the goal.
Property Manager · Seattle, WA · Member since 2021 · 25 posts · 5 votes
5y
I've found working in Property Management extremely beneficial. I've received some experience dealing with tenants, learning some of the biz dev/accounting side of things, and get paid pretty well. I'm also getting my brokerage license to get some additional benefits/experience on the side, as well as to help with my own investments.