Cortes said, "Burn the Ships!"

Good Morning Bigger Pockets,

It has been a while since I sat down and wrote to you. I have been busy playing the juggling act, agency, investing, bar tending, friends, family, and other distractions have gotten in the way of me telling you some things. I wanted to give an update, I’m OFFICIALLY FULL TIME REAL ESTATE!

Now, don’t get ahead of yourself, I’m not even close to having financial freedom or an amazing passive income, but what I do have is drive and determination to achieve both of those things. As of Friday 3/31/17 I am no longer holding a W-2 job. I am technically a Contractor according to the IRS with “passive” (they use this word very loosely) rental income.

I’m not sure if I’m nervous or excited. Well, I am sure that I am both, just not sure which emotion is dominating at the moment. I spent a long time climbing the ladder to the high dive and when I got to the top, I was scared to jump. I could hear everyone behind me yelling and screaming and wondering what was taking so long. I could see others jumping in the pool from the side and from the lower diving boards. I finally took the jump and as I’m falling I’m hoping I make a really big splash and soak the lifeguard like I did when I was a kid.

My mental state while working as an employee was that I didn’t have to focus on my income from real estate because I made enough to get by. So that was all I was doing. I was just getting by. I grew more and more tired of just getting by, but I couldn’t emotionally escape the pull from the W-2 job. It paid ok, I had friends there. But the hours were terrible and it wasn’t conducive for success in real estate, so I had to say goodbye.

I was trying to conquer the Aztecs but I didn’t know how. So as Cortes said, “Burn the Ships!”