All Forum Posts by: Austin Haney

@Allan Smith It has been on 2 separate meters for some time. I can do some digging and see how long the 2nd meter has been active. Thanks for your help!

I am considering purchasing an off market deal that is zoned in Davidson County as RS7.5. The home was originally a SFH but the owners built a 2bed 2 bath unit off of the back of it but have never converted the property into a duplex.

The neighbors have done the same thing but they converted their SFH into a MFH back in 1989 when the zoning was R6.

Is it possible for me to convert this property into a MFH since it is now R7.5 or would I face some major issues on it. 

Thanks in advance!

@Jessica Stevenson Thank you for the advice! I didn't consider the connection aspect so that is really valuable insight. Being a salesperson, I am going to see if I can negotiate a larger salary from the brokerage that might make the switch a little more tempting. 

@Jose Batista Abikarram Thank you for the advice! I love your reference to me learning even more if it doesn't work, I agree 100%. I think if I enjoyed what I do currently than it would be an easy decision but I am leaning towards making the jump, if nothing else to keep me challenged and learning. 

Hello,

I hope this is the right thread to post this in. To give a little backstory, I am 22 years old, I work as an account executive in a sales start-up and have consistently done well but I am frustrated by the lack of upward mobility and feel like I have hit a dead-end selling a product that doesn't excite me. I started listening to the bigger pockets podcast and following the forums about a month ago as I was in the process of selling my first SFH flip. I came out really well on this deal and now my goal is to do another flip within the next 6 months with my long-term sights set on 100+ unit MFH.

I was recently offered a position as a Junior Broker at a small apartment complex broker in a large market (Nashville, TN). This would essentially be a 2-year mentorship program with a base salary of about 15k less than I currently make before going 100% commission after those 2 years.

My goal is to leave the 9-5 world and start building wealth through real estate. I just paid down all of my debt with the profits from the flip so financially I can handle the move. My major concern though is that right now I work in a comfortable, albeit not exciting, position with a company that allows me a lot of free time to focus on side ventures plus a guaranteed salary for as long as I am here. Should I take the pay cut and immerse myself in the industry and learn as much as I can? Or should I continue where I am at with the goal of buying properties to generate enough income to quit the 9-5 all together?

Any thoughts are greatly appreciated!