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Updated over 3 years ago on . Most recent reply

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57
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Sasha Fukuda
  • Walpole, NH
27
Votes |
57
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What would you do if you were me?

Sasha Fukuda
  • Walpole, NH
Posted

Hey, so I've recently discovered biggerpockets. My financial situation is pretty unusual. I have a good credit score, family members with some money, $200,000 in stocks, bonds, and crypto, and i've started saving between half and two thirds of my income (which i can do because i live with my mom for free). On the other hand, my income's extremely low ($25,000 a year maybe). If i was younger, the game plan would be pretty straight forward- go back to school, get a higher paying job, and then save and invest for financial freedom. However, I'm currently 35. Also, I'd like to meet a girl and start a family, and i'm running out of time. My question is, what would you do if you were in my situation? What do you think is a realistic goal given my limited income and age?

Most Popular Reply

User Stats

350
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611
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Paul Choi
  • Rental Property Investor
  • San Ramon, CA
611
Votes |
350
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Paul Choi
  • Rental Property Investor
  • San Ramon, CA
Replied

I wanted to add, if you REALLY want to get into REI and given your situation, I would try to find a job in that world, such as contractors, brokers, real estate agent, loans and underwriting. Not saying you need to apply for a senior VP position, but start at the bottom in those fields so that it's related to your goals.

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