What's your opinion?

[Takeshia Martin]

I've been interested in real estate for quite some time now and I've even invested in Direct mail campaigns but I've noticed I'm dragging more at work now because I feel as I need to quit my job because it's 12 hours a day and I'm not able to spend time on Real Estate like I want.If I leave my job less money for campaigns but if I don't leave my job I feel like I'll always miss calls and be unable to meet with sellers. What's your opinion? How would you handle this situation? I'm 27 and want to be successful in real estate...

[Gerardo Dominguez]

@Takeshia Martin  Ultimately, this is a question of how risk averse you are.  I definitely feel your pain and many of us have had this same inner conversation.  However, as much as I would love to be a full time investor, I'm too risk averse to walk away from a good paying job to take such a big chance.  I've decided to keep working until I'm able to replace my current income w/ passive income.  The pro is the ability to save, plan and not have to worry about paying my bills.  The con, is I'm giving up ~40hrs/ wk that could be used to look for deals/ submit offers/ market/ etc.

Maybe there's a middle option here? For example, I used to work a lot of hours as well (I was a consultant). When I quit, I made it a point to find someplace that values work-life balance. Now, I have a lot more free time to focus on REI without giving up on the stability that I value from being employed.

Whatever you do, make sure you think the decision through.  The best time to take a risk is when you're young.  However, that doesn't mean taking a risk is the right thing to do.  I wish you well either way :)