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Updated almost 9 years ago on . Most recent reply

User Stats

35
Posts
5
Votes
Cody May
  • Peru, IN
5
Votes |
35
Posts

A update regarding my situation Probably not the smartest choice

Cody May
  • Peru, IN
Posted

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.  

Most Popular Reply

User Stats

192
Posts
66
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Dean Weltman
  • Investor
  • The Colony, TX
66
Votes |
192
Posts
Dean Weltman
  • Investor
  • The Colony, TX
Replied

@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. 

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