Rental Property Investor · St. Louis, MO · Member since 2014 · 741 posts · 424 votes
How sad it was when my office management job got downsized! Cut to 30 hours a week, all my benefits were gone. Such is the reality of working for a business that is suffering financially. Fast forward 3 months and it has turned out to be a blessing. I found a full time job in a commercial property management office, I get paid to learn about real estate investing. Under one business roof are a few commercial real estate investors and a shared property management company; I work admin in the property management arm. The Monday morning meetings are eye-opening: how to add value, what are the market rents and goals for each property. I feel my brain growing.
This came to be because I incorporated investment language in my cover letters and peppered it into my job interviews. I asked about triple net leases and reserve accounts. One firm found this valuable. My BP and book reading education came in handy. They liked my measly investments of a SFH and one multi-unit in St. Louis, even though I live in the San Francisco area, where rents are 3x more expensive, because I am taking action.
Congratulations and good luck in your future investments from Albany, CA. I can appreciate your choice to invest out of your area. I too live in an expensive market, NY/LI and as it happens, I am looking to add to my investment portfolio by investing in Albany, NY. Funny coincidence.....