Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Austin Haney
  • Real Estate Broker
  • North Carolina
2
Votes |
5
Posts

Career advice for investing

Austin Haney
  • Real Estate Broker
  • North Carolina
Posted

Hello,

I hope this is the right thread to post this in. To give a little backstory, I am 22 years old, I work as an account executive in a sales start-up and have consistently done well but I am frustrated by the lack of upward mobility and feel like I have hit a dead-end selling a product that doesn't excite me. I started listening to the bigger pockets podcast and following the forums about a month ago as I was in the process of selling my first SFH flip. I came out really well on this deal and now my goal is to do another flip within the next 6 months with my long-term sights set on 100+ unit MFH.

I was recently offered a position as a Junior Broker at a small apartment complex broker in a large market (Nashville, TN). This would essentially be a 2-year mentorship program with a base salary of about 15k less than I currently make before going 100% commission after those 2 years.

My goal is to leave the 9-5 world and start building wealth through real estate. I just paid down all of my debt with the profits from the flip so financially I can handle the move. My major concern though is that right now I work in a comfortable, albeit not exciting, position with a company that allows me a lot of free time to focus on side ventures plus a guaranteed salary for as long as I am here. Should I take the pay cut and immerse myself in the industry and learn as much as I can? Or should I continue where I am at with the goal of buying properties to generate enough income to quit the 9-5 all together?

Any thoughts are greatly appreciated!

Most Popular Reply

User Stats

89
Posts
56
Votes
Replied

Hey Austin. I don't really think there is a "right" answer for this one since both options seem good. However at your age and your condition I would go for the "Jump". If it goes well, you will learn a ton and reach to your goals a lot quicker, If it doesn't work you would learn even more. We tend to learn more when what happens is different than what we predicted would happen. At the same time I understand your position of trying to play it safe and is in fact what I do with a full time job and REI on the side. My job is extremely flexible though and since I really enjoy what I do it doesn't always feel like a grind. Hope that helps!

Loading replies...