Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago, 05/28/2015

User Stats

264
Posts
104
Votes
Jim Sestito
  • Investor
  • Cambridge, MA
104
Votes |
264
Posts

Better for REI - More Money or More Time

Jim Sestito
  • Investor
  • Cambridge, MA
Posted

Hi Guys,   ( potential #askBP  ) 

I have found myself at a career/investing crossroads of sort.  

Quick story - 27 years old (single, no kids) working at manufacturing company full time.  Small company 75-80 employees and although I can just about make my own schedule here now --- I have  reached a cap in potential growth.

The current job pays OK for my age but I am (like everyone) looking for more.  But to get more I know that will take more of me.  Moving to another maybe larger company will require more time and effort.  This I do not have a problem with but I am nervous how it could effect my 'hobby' of investing in real estate.

So I'll ask the question.  In this situation would you rather have more money or more time?

Just a few quick Pros and cons I see for each in terms of REI;

More Money:  Can save up for down payments/ renovations quicker and more frequently.

More Time: Easier to manage current investments / more time to search MLS and the streets for new potential deals...

Any input / opinions / stories would be greatly appreciated!

Thanks guys,

Jim 

Loading replies...