Updated almost 8 years ago on . Most recent reply
Beginner from Texas - Looking to get rolling - Advice
Hello everyone,
My name is Josh and I am located in Central Texas. I have been looking to get into some sort of real estate investing for some time, and I'm now at a point where I believe it's feasible to pursue some options.
I am continually trying to learn more and more about real estate as I know there is never-ending info out there.
I felt like it would be good to explain my current financial situation and my goal.
I personally do not have a ton of on hand cash, but I also do not have much debt (around 30K total). I am able to save around $2,500-$3,000 a month right now to go fully towards investing. To pull this off, I do work 4 jobs.
My goal is pretty simply. I would like to generate $1,600 in net income a month to leave my full time job. That would allow me to pay more attention to the other 3, keep generating the $2,500-$3,000 for investments, and of course allow more time for real estate in general.
If you were in my shoes, what would you do? I am like most and would like to pull this off as quickly as possible, but I understand the meaning of hard work and how things do not happen overnight. I have had a few ideas myself but was just wondering what some of you would do.
Thanks!