Poll: Landlords - Were You Working Full-Time When you Started?

[Scott Trench]

Landlords - Help the new folks out and let them know what you were doing with you bought your first property! Can you get started in real estate investing while working a full-time job?

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[Rob Lane]

Yes full time jobs are important.  I bought my first house which was a duplex at 21, the other side paid most of the mortgage, I had a company car with my sales job which left me no expenses and money to invest.  Although I focused on my sales career which I  would say turned out pretty great I always kept investing in rental property (residential only) and kept living in my $66,000 house to keep expenses low.  All my friends careers were going great and they spent their money on $500,000 homes and luxury import vehicles.  I retired at 40 which was 3 years ago.  All I do now is play with my rental properties or pretty much what I want to do.  The only thing that sucks about it is all my friends are still at work.  So yes, focus on your career to feed your real estate monster.  It was not an easy path as I spent most vacations and weekends working on rental properties but now l would say life is pretty awesome!  And do not quit your day job until you have the proper cash flow.  Good luck.