Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
California Real Estate Q&A Discussion Forum
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 6 years ago,

User Stats

11
Posts
0
Votes
Chris Wiser
Pro Member
  • Houston, TX
0
Votes |
11
Posts

Advice for new investors with a full time job

Chris Wiser
Pro Member
  • Houston, TX
Posted

My current end goal is to create a passive, sustainable stream of income that will allow my family and I to travel and with a good deal of flexibility and not require too much time investment per week (would 20-30 hours/wk be an unrealistic expectation once my business is up and running?).

I currently have a full time job that I enjoy but will not allow that to be an excuse not to invest.

Here is what I have done so far in terms of REI:

  • Joined BP of course and currently engaged in analysis paralysis when it comes to active investing.
  • I participate in several syndications and so far those are going well but I am not at a point where I can generate enough income to replace my current salary. Even though the returns so far have been great, this also ties my money up for x years.
  • I am a member of a mentorship program that will help me to invest in SF/duplex/fourplex properties, just not sure how this strategy stacks up against trying to jump right into MF.

I would like get advice from other folks who have started their investing careers with a job and were able to generate enough to pay their expenses through their investments while still working full time. I'm curious as to how long it took folks to accomplish this and what investment paths they used (wholesaling, SF BRRR, notes, MF syndications, turnkey, etc). Also, what were the first steps you took to begin your investing career.

Thanks for your time.

  • Chris Wiser
  • Loading replies...