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Updated over 7 years ago, 05/22/2017
I Finally Did It: I'm Retiring from My Corporate J.O.B.
I'm Retiring from Corporate!
Next month, on January 18th, I will be retiring from my corporate job as an Internal Auditor to be a full-time real estate investor. I am super excited. I've been working toward this for the last 15+ years, since I was in college and purchased my first duplex. I posted a little more info on how I did it on my Bigger Pockets blog HERE.
My Background
I'm not quitting cold turkey with nothing to fall back on. I did things the slow way. I've been working to supplement my W-2 job income with real estate income and it has finally gotten to the point where I can step out on my own and not have my family of 5 starve (wife and 3 kids). I spent the first 12 years out of college working full-time in various accounting and auditing roles. Three years ago I transitioned to working part-time at my corporate job have been building up my rental portfolio income at a faster pace to where I finally have enough income to make the leap to full-time real estate investor.
What I'm Going to Be Doing
Starting next year I will be ramping up the number of flips and remodels. I will also manage the current rental houses, commercial properties and self storage units we have. My plan is to focus on core things we do well, and do lots more of them next year.
Thanks to Bigger Pockets
I'd like to thank Bigger Pockets for being part of my success. I've read so many articles, blogs, podcasts and forums over the last many years. I believe this is one of the most informative real estate websites out there today. I always recommend newbies join here and learn everything they can learn for free as opposed to signing up for expensive gurus. I've listened to more podcasts than I can count and even had the chance to appear on Podcast Episode 138. I think I probably have learned more from the podcasts than anything else.
Let's Wrap Things Up
I'm a little nervous, but also very excited about this next step. For those that are just starting out, I'll say this. You can do it, too. It took me a long time. I was conservative, slow, and steady, but I finally got there. You can probably get there faster than me if you learn from Bigger Pockets and don't make all the same mistakes I did.
Happy Investing!
Michael Rogers