Career Advice after Tech Layoffs

[Matt Cruz]

Hi,

I'm looking for some career advice after I was recently affected by the tech layoffs and lost a 6 figure salary. I have a degree in Information Systems from a great university and don't doubt I could find another job, although I have other career paths I'm interested in exploring such as Real Estate and Fitness. I don't know exactly what to ask here, but I'm wondering if I sound crazy for not wanting to jump right back into tech where I could have a solid W-2 which I know is important given I was aiming to get my first house hack started this fall. I'm considering getting my real estate license and exploring any data driven or tech related roles I could find. Any advice for what that might look like or if my line of thinking makes sense? Thanks in advance!

-Matt

[Brooks Gagnon]

I don't know your full financial situation, but it sounds like you may be better off getting another W-2 in a similar position to your old one. That way you will have more financing options when it comes time to buy your house hack (lenders often require 2 years of experience in your current work field). And getting your RE license is a great idea, but I wouldn't plan on getting your first check for the better part of a year if you haven't even begun the classes, and probably much longer before you could replace that W2 income. 

So my advice would be to get another similar job to what you had and stick it out while you build out the rest. Patience and hard work will get you wherever you want to get to.