Transitioning into real estate. What do you think of my plan?

[Jeremiah Russell]

I’m starting my real estate journey this year!!! I don’t have a lot of skills or knowledge for the business, but I’m reading and taking in content everyday. My plan to start is to get a job working as a handyman to get the ropes in fixing houses, and possibly get a real estate license to get in touch with the local market. The goal for these two jobs is to gain knowledge and supplement my job I desperately want to leave. Now a little back ground in what I do and how much money I currently make.

I am currently an assistant reset supervisor for a local grocery store chain. I build/remodel the interior of the stores. I currently make $700 a week or $17.5/hr. In 27 months I’ll be promoted( my boss is retiring), and I’ll make $24 hr with little room to make more money. With no overtime and I work around 60 hours a week salary. The amount of time I work leaves me little time to spend on my real estate dream and time with family.

The average handyman in Chattanooga makes $15/$20 hr. Once I get involved in the community I may even be able to work with/for a flipper.

I know being a real estate agent can be hard and cost money to keep up with. I like to sell and I love real estate so I think it would be a good fit to gain knowledge, work with the people in real estate, and find deals.

With all this said I think transitioning into these two jobs will help me grow and meet people in the community, while also maintaining the money I need to make. Once transitioned I plan to start flipping and buying rental properties.

Let me know what you think of my plan, and any input would be greatly appreciated.