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Updated almost 7 years ago on . Most recent reply
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life decision advice
Hi All,
I need some serious advice. I am a CPA in Los Angeles . I want to transition out of accounting/tax ASAP! I just want to focus on real estate investing.
My original plan was to stick in it until the end of the year . I wanted to continue saving capital and studying until December. I am going to purchase my first rental property in first quarter of 2019. At the same time I wanted to flip my first house. The second I profit at least $30k from flip(s) I am quitting the accounting career.
However, this past tax season was more draining than ever. I was thinking of transitioning sooner than later. In a perfect world I can find a new job focusing on real estate property acquisitions. I would like to help a company research markets/submarkets and analyze deals. At the same time I can learn more about this business from real life experience at a faster pace. I would like to work remotely. Does such a position exist? If so, is it ok that I don't have a real estate background?
The thing that I love about my current job is I can work from home. So I spend a lot of time after work studying real estate. Do real estate positions let you work from home?
My biggest dilemma is that I have a disability called Cerebral Palsy so it is hard for me to get job offers compared to other people. Therefore, if I start applying for jobs (again) that is time taken away from me studying.
Million Dollar Question: Should I start applying for real estate acquisition jobs or should I hang in there at my current accounting job for a year?
Thank you,
Jason