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Updated over 5 years ago on . Most recent reply

User Stats

22
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23
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Chris Piette
  • Green Bay, WI
23
Votes |
22
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Choosing a profession to benefit your investing

Chris Piette
  • Green Bay, WI
Posted

I've got an interesting question for investors of all experience levels. 

This time next year i will be exiting the military after 8 years and will not only be starting into my strategy of buy and hold investing with the ultimate goal of financial freedom, but beginning my career path outside of the military. I have a healthy amount of capital saved to begin investing, and will be using this next year to keep building my funds and continue my research and learning process.

So my question is this:

If you could start over (or are already using this approach), would you choose a real estate related profession to give you an edge with your investing? Or is it ultimately irrelevant and just being an active investor will give you all the know-how and edge that you need?

Examples: Becoming a licensed contractor, working as an agent or property manager, working at a bank in the loan department...

Most Popular Reply

User Stats

863
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554
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Jake S.
  • Rental Property Investor
  • Minnesota
554
Votes |
863
Posts
Jake S.
  • Rental Property Investor
  • Minnesota
Replied

Hey @Chris Piette! Choosing a profession that would give you paid for knowledge and learning in the RE investing world, like the examples you gave above would be great!! Is it 100% necessary? Absolutely not. However, if one of those fields intrigues you, go for it man!! By the way, thanks for your service!!

Just dedicate your spare time to learning and taking action. Build your power team of contractors, realtors, Property managers, CPA's, Attorneys, Insurance brokers, Mortgage lenders, etc, and use their knowledge and experience to accelerate your growth!

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