Balancing a full time job and investing
I work as a Dominos Pizza GM(with a goal to eventually franchise), and I am wondering how people with full schedules balance work and investing without burning out.
Any advice would be greatly appreciated.
Thanks again,
Richard M.
Most Popular Reply
Real Estate Investing is not hard, but it’s also not easy. It will require your time and finding a balance between your current job, family and investing can be a challenge. Most investors have a W-2 when they start. Some want to get out of there W-2 while others want to supplement there income and create generational wealth. I’m on the generational wealth path. If you dedicate yourself to real estate it will pay you back tremendously, but it will take your time, resources, credit, etc.
Most talk about wholesaling when they are getting started. Finding a good deal that has enough fat in the deal for all parties is not easy in today's market. I elected to go the BRRRR method. A couple months of craziness of rehab and finding a tenant takes your time. The forcing of the equity appealed to me. I have completed approximately ten BRRRR's, ten flips and some small multi-units. It took work while at my W-2. It's all worth the effort. Find your goal and what drives you and you will succeed.
Good Luck.