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Updated about 10 years ago on . Most recent reply
Wholesale/Birddog or Full-time job in real estate
Hello All,
My name is James--- I am writing this post in hopes of obtaining some career guidance. I currently hold a full-time job that I do not enjoy, does not pay very much, and is not teaching me useful skills, real estate-related or otherwise. I am 34 years old, have limited capital and student loans, and am interested in wholesaling properties or connecting motivated sellers and buyers for a fee. I live and work in Nashville, which is a burgeoning real estate market. I'm currently deciding between two directions to guide my energies moving forward: 1) Continue in my current job and focus on wholesaling/birddogging in Nashville with the aim of increasing personal revenue, paying off my student loans, and working toward a more balanced personal financial picture, as advocated by Robert Kiyosaki in "Rich Dad, Poor Dad". I am energized by the entrepreneurial aspect of researching properties and wholesaling/birddogging. Or, 2) Focus more intently on looking for a full-time job in real estate in hopes of transitioning out of my current job and finding work that it is more enjoyable and involves better learning opportunities. I have a Bachelors of Science in Finance, limited work experience in real estate, and a Masters degree in an unrelated industry. I am motivated and curious to see what this path may produce, although I anticipate challenges associated with changing careers and feel I would probably have to put my entrepreneurial inclinations on hold for now. I think I would be too thinned out if I followed both paths simultaneously.
Does anybody have any advice for my situation? All comments are welcome.