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Updated over 11 years ago on . Most recent reply

User Stats

56
Posts
13
Votes
Marc Pfleger
  • Real Estate Investor
  • Saint Petersburg, FL
13
Votes |
56
Posts

Laid off on a Saturday

Marc Pfleger
  • Real Estate Investor
  • Saint Petersburg, FL
Posted

This past Saturday night I received a lovely phone call from the HR manager and was informed that I was no longer needed. After almost 2 years of employment they could not even tell me in person, what a bunch of cowards.

I had a plan to keep working to pay the bills and use the profit from my deals to pay off my credit card debt and save up a years worth of income before I went full time into REI. Oh well, so much for that, I am feeling overwhelmed with what is going to happen. I have never been let go of any position. I hated my job but I needed it for at least another year to be financially secure, the uncertainty is killing me.

I feel like I am rambling but needed to vent. Now I truly need to go balls deep (refer to my introduction post) in REI.

I would greatly appreciate any advice from anyone who has been in my current situation.

The saga continues ...

Most Popular Reply

User Stats

56
Posts
13
Votes
Marc Pfleger
  • Real Estate Investor
  • Saint Petersburg, FL
13
Votes |
56
Posts
Marc Pfleger
  • Real Estate Investor
  • Saint Petersburg, FL
Replied

Thanks all, you are right @Rob K, after sitting down and really thinking about it, this is the best thing that could have happened. While the future may be uncertain I believe it will be bright.

I have aspirations of running a property management company so perhaps I will start there if I get to a point where I need to find a real job. I do have some cash reserves and I have already started my search for another wholesale or rehab deal. I also thought about getting my real estate license and give that a shot. I also want my license so I can have access to the MLS. I know there are numerous threads about the pro's and cons of having an RE license while investing so I will go back and review. I apologize for the sob story it was a moment of weakness. I have no other choice other than to succeed at this point.

It is almost dinner time, hello Ramen noodles.

Thanks again everyone.

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