Real Estate Investing is NOT a Job!

Real Estate Investing is NOT a Job!

Member since 2020 · 101 posts · 32 votes

I was on a different app and the subject of being a Landlord came up.  I was shocked to see how many people kept saying it isn't a job.  As I learn more and more about real estate investing, it has taken up a significant portion of my time as I gain more knowledge in this field.  

Audible was a wise investment because I've learned a lot about Wholesaling, Flipping, Managing Rental Properties, BRRRR methods, 4 square methods, Tax Strategies and so forth in a short period of time as I tried to figure out my niche. I usually have a notebook next to me as I write down pertinent information that I plan to use at a later date.

I am currently in no financial position to buy a second property comfortably right now, but I have spent over a month crafting a Business Plan as I lay down the foundation for buying my first investment property.  I might not be getting paid currently, but I know my efforts will be returned 10 fold in the future.

Yes it is investing, but it certainly sounds like a job to me.  Even though I'm in the baby stages, the comments were infuriating.

people say things like:

"all landlords do is collect rent money, that's not a job, lol".  Like the "lol" gives the comment validation.  

I've never been a landlord, but I know at least 64 responsibilities landlords have even if they have a property manager.

Are people so stuck in their ways, unwilling to change their mindset that they just stay stagnated forever?  

"Go to School" "Get a student loan" "Get a good job" "Pay back student loan with good job" "Stay in debt with student loans/car loans/credit cards/mortgage forever" " "pay debt down, or not" "die"

That is absolutely terrifying to me.  I am NOT comfortable in that position and for we all know, this is our only shot at life, why not make the most of it?

I feel like my eyes are being opened to a completely different world that was never secret, I just couldn't see it over the nonsense noise that has been taught to me since birth. Both my eyes and ears are opened now, and I can't wait to see what the future holds for this "job" I have that doesn't exist according to the haters.

Sorry for the rant, just my thoughts of the day.

-Ibrahim

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Investor · Greenville, SC · Member since 2016 · 5k+ posts · 13k+ votes
6y

I would not put any thought into what non-real estate investors say about real estate investing.

And yes, people are stuck in their ways and have fixed mindsets...that is the norm and its comfortable.

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  • Investor · Greenville, SC · Member since 2016 · 5k+ posts · 13k+ votes
    6y

    I would not put any thought into what non-real estate investors say about real estate investing.

    And yes, people are stuck in their ways and have fixed mindsets...that is the norm and its comfortable.

  • Member since 2020 · 101 posts · 32 votes
    6y

    @Mike Dymski and that's why they stay where they are

  • Marysville, CA · Member since 2015 · 9 posts · 2 votes
    6y

    Cant ignore the crazys though. In Every Revolution they come for the Landlords they see us as nothing more then "Rent Seekers". Living off the system while making no "real" contribution....

  • Rental Property Investor · Dayton, OH · Member since 2016 · 210 posts · 160 votes
    6y

    Job, no job,  call it what you want. I am going to continue to be a real estate investor.  I will do it anyway because we all know if those "other people" keep doing what they have been doing....they will stay on the student loan, job, die  rat wheel.

    No thanks. 

    life is but a dream.

  • Investor · Greenville, SC · Member since 2016 · 5k+ posts · 13k+ votes
    6y
    Originally posted by @Ibrahim Yamini:

    @Mike Dymski and that's why they stay where they are

    And that's fine.  Comfort is, well comfortable.  Human evolution for a few hundred thousand years taught us to stay together and to stay safe.  Failure involved severe consequences.  It may take thousands of years of new evolution for our minds to adapt to modern times.  In the meantime, some people work hard to get control over their minds and take risks, fail, and pick themselves back up again (without getting eaten by the proverbial lion).

  • Real Estate Broker · Portland, OR · Member since 2019 · 4k+ posts · 2k+ votes
    6y

    Well, you can always hire a PM if you don't want to deal with tenant BS.  

    It doesn't have to be a job, however, to get the best gains you need to put in your time.  More time usually means better returns.

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