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Updated almost 6 years ago on . Most recent reply

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Nigel Daley
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100% travel job. I want to start real estate investing.

Nigel Daley
Posted

So I was raised in the virgin islands and then i joined the military and traveled the world. I just got out and when i was in the military i lived in japan. I just got out and im now im a job that is 100% travel. I want to invest in Charlotte and I have taken REI courses. I want to do rentals or a flip. Where should I start.

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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
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Replied

Much respect. I've had a 60% travel job and it was exceptionally difficult to live that lifestyle. People who haven't done it think high travel jobs are like a vacation - they are not.

I think your first step should be to decide how much time you have to dedicate to investing, and whether you'll be an active or a passive investor. I would have found it impossible to be an active investor when I was traveling a lot. 

And be realistic - my road dog days had random schedules that were usually out of my hands. I couldn't rely on having evenings free to do anything else.

If I were in your shoes, I would look into notes, turnkey properties, syndications, and hard money lending, in addition to the rentals and flips you've considered already. 

You could reach out to David Pere from Military to Millionaire. Nice guy with great experience.

In any type of real estate, a great first step is education. Read books, listen to podcasts, and learn more about any of the real estate aspects you're interested in.

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