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Updated about 6 years ago,

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David Collado
  • Flipper/Rehabber
  • Islip, NY
0
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Starting out and at a crossroad

David Collado
  • Flipper/Rehabber
  • Islip, NY
Posted

Hello everyone!

Since this is my first post I’ll just get straight to it. I am currently 25 years old, living in Long Island NY. Over the past 4 years I’ve become obsessed with real estate investing and have been educating myself and began networking any chance I get. Although I now know there are several options out there, my problem had always been a lack of consistent income that would allow me to save & invest.

A few months ago I met 2 local investors that have been performing at a high level. Doing about 30+ flips a year, wholesaling the rest of the deals, and also owning over 70 rentals consisting of single & multi-family units. After getting to know them and expressing my passion and goals in real estate they gave me a shot and brought me in as a project manager. Since then things have really been taking off, I’ve learned an incredible amount, managed about 15 flips, built relationships with contractors, lenders, and other investors. And still learning something new everyday

The point of this post is that I’ve recently been offered a job working for the Long Island railroad as a conductor. My passion is in real estate and I plan to break out into buy and hold multi family investing. But I am also expecting my first child in May, and don’t know if I should take the position with the Railroad for the security and benefits. Eventually getting back into real estate in a year or two. Or follow my heart and stick with the two partners and scale our current business.

Any input or advice would be greatly appreciated!

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