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Updated almost 9 years ago on . Most recent reply
A update regarding my situation Probably not the smartest choice
Hello BP,
So I did end up quitting my job. I am currently making my way to the west coast. I was hoping to drive a little farther tonight, but I been up since 6am. What would be my best bet to find real estate investors clubs or meetups? I am thinking I am either going to be driving to Colorado, Or Washington I'm not sure yet I plan to be at my destination either Monday night or Tuesday morning I'm not sure. I would also be open for places to check out around the Denver area, or out side that area. I am wanting to find a job along the lines of real estate, but I want to be able to find a employer that would understand that I would love to 1 day invest in real estate myself. Does any here know if employer would frown upon that. Since I been driving listening to the BP Podcast With @Brandon Turner and @Joshua Dorkin Which really is a incredible thing I have learned A LOT from the podcast, its great. Since listening to it on my way here I really want to get into Multi-Family investing. Has anyone heard of people being able to get commercial loans, and not have a Portfolio? I have yet to make a deal. I decided I was ready to get into real estate so I decided to finally get my hands dirty. Meanwhile though I quit my job. Was it the smartest idea I ever made... Ummmm probably not, But I need a change for the good, and getting into real estate, and making deals sounds like a very, very good idea for me. Soo this week I will be trying my absolute hardest to try possibly and find a job and a place to live within a 2 week period. I'm going to be going back to Indiana though for a day or so if i do decide to move for good. I just want to make sure I am set 100% to move to a area I am not familiar with at all. Still considering checking out Washington State as well. Any options are appreciated any knowledge and advice is very much appreciated.
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@Cody May, you probably need to put 110% of your focus on finding a job and a place to live - unless you're independently wealthy, in which case everything else is just a detail... I'm guessing you never heard that you're not supposed to quit your job until you have already found the next one.
I know people talk about no money down deals all the time, but they're hard to come by. And most of those aren't truly $0 down, there are usually some costs associated with any purchase... And those deals are done because the seller believes you'll be able to post your end of the deal - hard to do that with no job when you're living out of your car.
On the other hand, they say necessity is the mother of invention... Good luck.