New from suburbs of Chicago, IL

[Amy Van Ollefen]

Hi, I have just started looking into real estate. I've been looking for a way out of my horrible corporate office job, and be "self-employed" for several years now and so far have found several ways that don't work. :) I got interested when I heard about options and wholesaling, because I am in a spot now where I have very little $ and some debt, otherwise I'd open a futures day trading account and then start buying cash flow properties and other fun things. For some reason however, they don't give trading accounts to people with a negative net worth. Go figure.

Feeling a bit overwhelmed at all the stuff there is to learn. Most of all I think it sounds harder than the few books/blogs I read initially implied. (this is in no way shocking) I am by no means opposed to hard work, but I have pretty much zero desire to stay in Chicago, and would like to move to Salt Lake City, UT as soon as possible, ideally before winter. I am realizing this may not be realistic. But it seems like a waste of time to build buyers lists and network in a place I am hoping to move out of yesterday. So now I am feeling a bit stuck! I guess I can look for a new job in SLC and try to do some wholesaling part time, but it's frustrating to have to get another "crappy" job, and feels dishonest when I apply for something knowing I already want out as soon as possible. "Where do you see yourself in 5-10 years from now?" Skiing in the Alps, hiking Machu Picchu and building orphanages in Haiti, while my real estate and other investments cash flow more money a month than your entire salary" might not go over that well in the interview! HAHA! But all that to say, on my radar at the moment is wholesaling, maybe eventually some fix and flips, and cash flow/rentals.