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Updated over 1 year ago on . Most recent reply
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Blue collar Career change
Hello everyone! I'm a 26 year old tradesman going on around 10 years of experience in various blue collar professions. Although I'm eager to make passive income I find it difficult in this market to find good deals or lock them down before someone else does. That being said, I notice a huge gap in the market where good contractors are a must and not many good contractors are out there. Would it be a good move for me to swap my current career from industrial maintenance to contracting for residential real estate investors? My thoughts are that it can build good local relationships and potentially get me deals/partnerships in the community while i add value to their investment. Does anyone have some input on this topic?
Most Popular Reply
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Shawn,
There is always a need for good, reliable contractors. Do you have any experience with contracting? What is your specialty? Does your state require a license? These are all important questions to answer before you change careers.
You can also look at opportunities for joint venturing with someone who has money but no time or experience to get a rehab done. If you attend your local REIAs, you have the opportunity to network with investors who may need your skills.
Feel free to reach out if you have any questions