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Updated almost 6 years ago on . Most recent reply

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Cameron Rockey
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New to real estate, looking to quit my job

Cameron Rockey
Posted

Hello! So as the title says I am new to real estate investing and looking to get into it full time in the next few years. I recently got out of the military (about a year ago) and have since been working at a job that allows me to make around 200k per year. I want to get off on the right foot and would love any advice you guys have. I am working my way through the podcasts right now and that info is great but still have an uneasy feeling about where to start...I am sure there are 100s of these posts every day and i am sure there is a great resource collection of things i can read, but i tend to understand things quicker and with more detail by having conversations with people. 

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Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
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Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
Replied

@Cameron Rockey I would suggest starting with a strategy that will replace your income.  With that said if you are going to buy and hold you would need a lender in your corner to help you scale a portfolio.  W-2 income is key.  If you are going to flip properties realize that flipping is really a job.  So if you want to flip you would be transferring one job  for another.  All the best to you.

  • Shawn Ackerman
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