Advice for an ambitious engineer

[Moaaz Ahmad]

Hi guys,

New to the forum and wanted to say hello and get the experts advice!

I am currently 27 years old and working from home as an engineer, I make my own hours and like what I do as I sacrificed a lot in my early 20s, not going out and traveling to attain 10certifications in my field and allow me to be where I am today. I make over 6 figures and am able to travel and still do my work. 

My whole life I've been very ambitious and wanting to work for myself and build something I can look back on when I'm much older, that being said my accomplishments in engineering are great but I do realize I am in a capped field from an income standpoint in the long term and will be working for someone else. 

I have always wanted to get into real estate - my real passion lies in commercial properties such as malls, multifamily apartments, buildings, etc. Last year I decided to move back in with my parents and currently have no debt and about 100k saved up. What would your best advice to me be? Currently, I have read the book on rental property investing by Brandon Turner, always lurking on the forums, and researching (i know I need to learn more). Another goal of mine is to also move out and enjoy the 20s as I love my independence as well but if I need to remain here, save more and invest with more capital I will sacrifice and do so.

I am able to travel and look at properties and be in any state for months at a time if need be as I know investing in NY might not be the best situation.

Highly appreciate your comments, questions, and advice on what my next steps should be!

Thank you, 

Moaaz 

[Ali Boone]

Hi Moazz! Had to jump on and say hi... I used to be an Aerospace Engineer. Got out of it a few years ago, but here's to spreadsheets and geeking out on numbers! (comes in handy for REI)