Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
In need of advice for starting out, to start own buisness or W2 i
Greetings!
I am Branden and i am 20 years old an new here. This post is kind of an introduction and a search for advice.
I have recently discovered real estate on my search for financial literacy. I first got the idea to start my own buisness before i stumbled apon real estate so it lead me to a fork in the road. This fork is between continuing with my plan to start a windshield repair buisness (rock chips, scratches, long cracks, headlight restoration), or commit to a w2 income at a local Car lube shop. The only reason this became a problem for me to decide was because i have been recently given the opportunity to become a manager of the store which would be a good pay raise from what i am making now. The reason for starting a buisness would be for more possibility of an income increase. I read that it is possible to get a morgage when self employed however it is more difficult. So maybe becoming a manager and saving heavily would be a good option?
So my question is should i continue to work toward starting my own buisness to be able to potentially get more income, or work to become a manager where i currently work? My end goal is to get into real estate im just trying to decide on the means to the end. Any advice would be much appreciated, thank you and im glad to be here learning from everyone.