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Updated over 8 years ago on . Most recent reply

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14
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5
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Alex Katos
  • Lake Grove, NY
5
Votes |
14
Posts

How to transition from 9 to 5 desk job to real estate

Alex Katos
  • Lake Grove, NY
Posted

Hello all,

I am in a pickle here. I am looking to get out of my 9 to 5 and pursue real estate but I am held back because I am unsure where to start. I know it is a risk leaving a full time job with steady income and going into a field where money is unexpected. I am looking for some advice on how to get started in this field. 

Most Popular Reply

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1,843
Posts
863
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Franklin Romine
  • Visalia-Fresno, CA
863
Votes |
1,843
Posts
Franklin Romine
  • Visalia-Fresno, CA
Replied

I started out with a day job and made the transition to full time real estate by slowly buying rental properties a few dozen in a 4-6 years.  W2 income is the best tool to accumulate good debt in the early stages.  W2, good debt, real estate and working a plan will get anyone out of a day job.  It is fairly easy to create passive income.  I know some very slow thinking, D student type people that are making a killing....

Frank

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