KC newbie seeking wisdom

[Brandon Brown]

Hello everyone,

I am having a devil of a time trying to come up with a plan of action. I’m a 37 year old carpenter in the Kansas City area. I’ve recently concluded that I must increase wealth for the sake of my family. 

Do I remain with my current employer to better receive traditional loans to begin investing, and slowly begin accumulating rentals?

Won’t I hate being a landlord? I always hated my landlords.

Do I throw caution to the wind and start flipping houses with our savings and later rely on “creative” financing?

Do I start a handyman business that caters to investors, and through that gain knowledge into real estate investing?

Are there other REI opportunities that I'm just not aware of? I don't think I'm interested in being an agent. Could I join a syndicate in the purchase of a large apartment building? Should I try to flip vacant lots?

How can I narrow down the options? 

How can I realistically maintain a healthy relationship with my family while working full time and hustling real estate on the side? 

I have so much anxiety around this whole thing. 

Thanks for letting me vent. And thanks for any advice. 

Brandon Brown

[Lee Ripma]

@Brandon Brown

Start working with investors who need partners to do the flip or rehab on their property. See where that takes you. I’m usually not a proponent of quitting a day job until you’ve tried some different things out and know a direction you can go in that will support the family. Quitting without an income plan is reckless since it takes a bit of time to figure things out.