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Updated over 5 years ago,

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!

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