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Updated over 8 years ago,
Got the bug. Bought a duplex. Need some life advice.
Too long didn't read summary: Is time or money more important when starting out. Read below for details.
Well I'm a week away from buying my first duplex in Pittsburgh to house hack (live in one side and rent the other) with a lot of help from a lot of people. Thanks @Gary Swank in particular.
I've been away from Bigger Pockets for a few weeks (maybe longer I am committed to being better engaging the community) since I've been busy with a ton of things (horrible excuse), but I plan to be more active after we get this deal done. Also I plan on posting the story of how this deal went down to help anyone that likes to read those sorts of posts (I read a million of them on here).
My need for advice is part real estate and part life planning, but if you do this game right the two seem pretty intertwined. Right now I am not going to quit a full time job while I get started because it helps a ton with keeping things afloat as I learn, but I am probably moving on from the one I have within the next 3-6 months. That being said I have two options right now and I want to know which you think is more desirable. For background I am likely going to go with the BRRRR strategy moving forward and have a wonderful significant other that is willing to help out with whatever she can. Both of these options are obtainable with my background and I have some interviews in process.
Option One: Accept a job in sales that would pay upwards of $80000 per year with commission on top and continue to invest while traveling more than 50% overnight travel.
Option Two: Accept a job offer that would pay 40000-55000 per year with 9-5 hours and no travel.
Currently my monthly expenses are approximately $1500 per month and I plan to save and reinvest all extra cash into building my real estate portfolio.
- Anthony Angotti
- (412) 254-3013