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Updated over 11 years ago on . Most recent reply

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Chase Spitzer
  • Realtor
  • Decatur, IL
0
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24
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I did not go back to school, few understand.

Chase Spitzer
  • Realtor
  • Decatur, IL
Posted

I will try to do this in cliffs. I live in a very inexpensive blue collar town and travel for work.

Current income 40-50k per year.

In one year I have properties netting $1000 a month

I have a down payment for one-two more ready.

I was thinking of quitting my job and becoming a radiology tech. Simply for Job Security and better benefits. After studying for the last month I have decided against it. I really do not see myself doing a job like that, which is why i did not attend college in the first place.

I am 25... in 3 years I will go to school full time and use a part time job and my rental income to survive.

OR I keep working my day job and invest that, plus my income from the rental properties.

The way I see it, in 3 years I will have several more cheap homes with 2500-3000 net income per month, plus a day job that I like or tolerate.

To me I would regret not staying on track with my investments more than I would regret not going school.

Anyone else done the same? Most do not understand my thought process.

Thanks,

Chase

Most Popular Reply

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1,895
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Tim G.
  • Rental Property Investor
  • San Diego, CA
1,918
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1,895
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Tim G.
  • Rental Property Investor
  • San Diego, CA
Replied

There are many forms of education and you are communicating to us through one now that is probably overlooked by many.

I also passed on an MBA to focus on real estate, it felt right and deep down I knew it was my path.

I have millionaire friends without any college degrees, they have focused a large amount of time and effort on education but not in a typical classroom.

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