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Updated almost 2 years ago on . Most recent reply
![Elmer Wayne Fisher's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2690334/1679521990-avatar-elmerw1.jpg?twic=v1/output=image/crop=2316x2316@0x385/cover=128x128&v=2)
Quitting my current job
I currently own an SFR that is producing long term rentals, in fact I haven't even been to the house since I bought it 2 years ago. My management company is charging 8% but saves me a 1 hr drive when problems or basic maintenance arise.
Regardless there is another house near lyn that I would like to buy if the numbers make sense, that being said if I buy this property it will most likely a lot of my time and energy ( and money ) to fix it up.
Would now be a good time to quit my current stable job and go all in on treating real estate as a business not just a side gig?
I’ve often wanted to own my very own business anyway.
Basically my question in a nutshell: at what point do you take the jump and say “I’m quitting my job and taking on real estate as my very own business?
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![Mike Dymski's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/499400/1621479461-avatar-miked75.jpg?twic=v1/output=image/crop=2049x2049@0x0/cover=128x128&v=2)
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People typically transition when their real estate net income exceeds their living expenses or matches their job income.