Updated about 5 years ago on . Most recent reply
Newbie in Oklahoma City metro
Hello all, my name is AJ, I've lived in the Norman/OKC metro all 33 years of my life. I've been an electrician just shy of 15 years and while it may be a good source of income, I am actively pursuing my electrical contractor license while planning to continue working full time until it makes sense to quit working for someone else. I'm leaning more towards multi-family rentals in the beginning just to get the ball rolling faster. My wife's job is much more stable than mine and her current employer and/or any potential future employer of hers will always have a much better retirement plan than any job I would get in construction. My investment plan once I finish remodeling my current house (~80% done) is to get it reappraised and have HELOC/loan funds available, appreciated money from a recent sale, along with cashing out my current retirement before the reduced withdrawal rate ends. Please don't hesitate to tell me if this all sounds moronic as I've just recently started listening to BP/Real estate rookie for about 3 hours a day trying to get up to speed.
Most Popular Reply
Welcome.
I'm an electrical contractor and also studying a few areas to begin investing in.
With maxing out your wife's retirement, living within your means, and getting into rentals is a great recipe for success IMO.



