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Updated over 1 year ago on . Most recent reply

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Owners of 15+ units- I'm a 23 y/o starting my career and at a crossroads

Christopher Holt
Posted

Hey guys, I'm 23, starting my career, and looking for some advice from people that have been successful at building income through rental properties. I'm at a crossroads - should I look for a digital marketing job (It's my bachelor's degree major) or get a project management gig? I have exp. project managing and currently do corporate property management, but I feel that marketing is more lucrative and can get me to my RE goals sooner. 

Is the industry knowledge gained from a RE profession (RE agent, Project management, property management) worth sacrificing for a more lucrative but unrelated line of work?

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Ray Hage
  • Investor
  • Fort Lauderdale, FL
741
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Ray Hage
  • Investor
  • Fort Lauderdale, FL
Replied

It might be worth doing the more lucrative job in the short run to get a high income and qualify for investment properties much easier. With a big W-2 income, it is much easier to get loans. Of course, you'll want a realtor-investor (not "investor-friendly realtor") who can help guide you along in your target market. You can always study the market even when you have a full time job and eventually transition out over time with investments. That was my path. 

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