Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago, 03/11/2013
Should I have any business investing in Real Estate?
Excerpt from Bigger Pockets intro to real estate investing article:
As a career, I'm not in love with real estate investing. When I'm not slaving away at the absolutely life draining clerical job (8 years no vacation), I'm sneaking in surfing time on technology blog sites. I can't get enough of it. I need to know up to the minute what's happening in the tech world and tech business world. I have a desire to be part of it. No, strike that. It goes way beyond a simple desire. I have a unique perspective on it. This is highly ironic because of the fact I never finished college and don't have a technical degree. I never did find focus.
I do know though that I need to break out of this cycle of death at the office. I need a way out financially. I've figured out that I do not want to be rich. I do however want to be financially independent. I want to not have to think about money so I can concentrate my mind on other interests. I want the opportunity in life to be able to explore my interest in technology.
Real estate investing may be a way to earn a modest income so I can hopefully duplicate my meager salary and be able to leave my job. The thing is, while real estate investing has always fascinated me on some level....I'm just not in love with it.
Can I, should I pursue real estate investing when I'm not in love with it? Can I do this part time? But how can I hope to do that even part time when the killer job just destroys my will to do anything after a long day? Going to work is like putting my head under a blowtorch for 8, or 10 hours a day.
I really need some advice here from you guys. I have managed to figure a few things out I think.
I've figured out if I go into real estate investing I do not want to become a landlord or a property manager. And Learning about wholesaling lease options interests me.
I need some direction here guys. Hopefully comments won't be too harsh.
Thanks.