Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

381
Posts
427
Votes
Andrew Fidler
  • Real Estate Broker
  • Toledo, OH
427
Votes |
381
Posts

QUIT MY J-O-B!!! Rental Income > Salary = Time to Resign

Andrew Fidler
  • Real Estate Broker
  • Toledo, OH
Posted

 I didn't see a Dave Ramsey style "I'M JOB FREE" scream forum so I picked this one.

I just concluded resignation from 18 years of salaried work in the environmental field, over a decade as a project manager. I walked away from six figures (and the meetings, travel, 9-5 cubicle, dress code, silly coworkers that should have been terminated before I was born, customers who should have been dropped when their third PO failed to materialize, annual budgets that arbitrarily increase and most importantly of all the 3% annual salary bump regardless of how much $$$ I earned the company).

Starting in 2009 I formed a company LaPlante Business Services Inc to purchase and renovate foreclosures and manage them as rental properties in Toledo, OH. I slowly and steadily grew the portfolio to the point by 2017 that it earned more than my day job and ultimately it provided the leverage for me to finally quit and focus on it full-time.

So I'd say this is Robert Kiyosaki Rich Dad, Poor Dad inspired...Dave Ramsey Entreleadership lead...and...John Acuff Quitter organized. (Don't stop learning, never stop networking...the more you learn yourself the more you can give back to help others reach their goals)

I expect the future to be based upon the principles of Traction by Gino Wickman: the coming weeks will be spent organizing my business to operate more efficiently, standardize my processes, and start to focus on hiring our first full-time employees. (To date we operate with part-time folks and independent contractors)

Bigger Pockets has been a constant source of inspiration and information, I will continue to watch the site and look forward to seeing where the economy and our relationships take us!

business profile image
LaPlante Real Estate

Most Popular Reply

User Stats

291
Posts
300
Votes
Ryan Pyle
  • Multifamily Investor
  • Toledo, OH
300
Votes |
291
Posts
Ryan Pyle
  • Multifamily Investor
  • Toledo, OH
Replied

Congrats, Fidler!

Loading replies...