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Updated over 5 years ago,
Real estate investing guidance
Okay so I’m in need of some help with some guidance. So long story short I know that at some point I want to invest in real estate. I like construction, I’m currently a framing carpenter so fix-and-flips attract my attention although I do want to have rentals also. My problem being income. I make $2000 a month and doesn’t leave me much to put towards my goal. I have a separate goal of becoming a home builder one day but I wanted to know. If I want to achieve my end goal of investing in real estate, would it be better for me to just get a better paying job? The only reason that I’ve stuck with this relatively low paying job for so long is the experience so that when I decide to apply to become a home builder, I can show I have residential construction experience. I also do side work with my own business, mostly home repairs, light remodels, things of that nature. I was just wondering if it would be better for me to get a better paying job or stick it out and shoot to become a home builder and then invest? I’ve talked to several people and they all say “just follow what you think is best” and I appreciate the help but it doesn’t really work with something as specific as this. I’ve also looked into wholesaling so that I may gain capital to take on a rehab. Well, any help will be appreciated, thanks so much