For those of you guys that still have day jobs... Does your employer know about your REI. I would like to hear the pros and cons of both sides. I will go first. My employer is fully aware that I am investor and close deals. I try to be honest in everything I do so when I needed off of work for closings/etc I was honest. I do not have a problem with this approach as my manager owns his own store outside of the company. The owners also own several companies. It has opened up good dialogue and if anything has only seemed to have a positive impact. When I need off early or to work a half day they have no problem with it. I also am a top sales rep for them so that could have something to do with it. I don't share specifics or details however. I won't tell them how much I am making/have made. They do not know that I run a direct mail campaign.

I am a buy and hold investor with a full time unrelated job. My boss doesn't know and most of my co-workers don't know either. If I need time, I take the time I have coming to me and rarely share its purpose for RE or otherwise. My business is my own business. Its not so much a secret as that I am in general private and keep some parts of my life separate from others. I will say that if someone asked I would be truthful but it's an unrelated field and I am not in the office much so it would rarely come up. Now I know the more typical real estate person is networking but it isn't one of my strong points.

Ryan D. Don't do it! There is a tendency to want to tell people of your proud-full accomplishments. But from the other side of the equation, non-real estate investors will not understand the costs of expenses and mortgages which dwindle the net return. Some people will even be jealous and some people will view you as a less serious employee, and your investments could hamper your chances of corporate promotion as some people will view it as you don't need the money. That's a real injustice as a property or two will never replace your corporate salary.

I certainly keep it a secret from @Joshua Dorkin

I just left my job a few months ago and my company knew. I made sure to do REI stuff outside business hours but my boss and director thought it was great and would constantly brag about it when introducing me to others. When I did quit, they both immediately congratulated me on starting my own business and have since been super suportive

I have a regular day job, and my boss knows about my investing. As long as it doesn't interfere, there is nothing to complain about. However, I work in IT, so I can work anywhere there is an internet connection. And I am the Director, so if I want to work from home, I have to ask myself for permission. Like today... I gave myself permission to work from home. So, generally I will work a 12-14 hour day from home and I listen to podcasts and audio books while I work in my home office, and check BP and MLS in my down time. I can be pretty productive in my pjs...

Ryan D. PS don't tell tenants what other properties that you own.

Does your Boss know that you are an investor?

Leonard Bradley

Homeowner · West Babylon, NY · Member since 2014 · 20 posts · 4 votes

Does your Boss know that you are an investor?

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