Anyone REGRET going REI full time?

1 Reply

so day after day I ask myself when I'm going to "retire" or go full time real estate. right now my answer seems to be in the mid 30s but sometimes I think what if I do it sooner. sometimes I wonder if I should push it out cause of my inflated lifestyle.

Has anyone jumped ship from their 9-5 and realized it was a horrible mistake or think they could have held onto a W2 for a little longer?

Did you usually have to change your lifestyle significantly or was trying to live more frugal worth the extra time gained?

No.  I've never regretted going full time into RE.  Truth be told I've been self employed for 20+ years and have multiple endeavors going at any given time, with Real Estate always being one of them.  

I think if I was banking on client representation as my #1 source of income i would flame out in about 5 minutes.  For me, the real money in RE is made in doing deals.  I don't know very many agents that make a full time living off of just client representation - they are out there, but it's probably a fairly small segment of the population.  I know plenty of brokers that are killing it, but running a brokerage is a different ball game than just being an agent.

As a caveat - "full time" for me is about 70 hrs / week, which includes about 30 hrs of "commuting"  (which usually involves dirtbike or harley trips).  Working full time in RE has done nothing but help my moto game  :)  

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