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Updated almost 8 years ago,
Full Time Real Estate - left W2 job last week!
I'm wrapping up week one of a new REI oriented lifestyle having left behind 25 years of corporate work in the IT field. So far, it's exactly what I was looking forward to. I had a backlog of projects I'm now able to get to and have just closed on two new properties where I will have time to do a little more hands-on work.
In the next couple months I plan to pursue getting licensed (mostly just to earn commissions on my own purchases including apartment complexes) and find and close my second syndicated deal.
I started doing significant REI research in 2014, closed my first property in January 2015, and currently have 28 units in my personal portfolio and 40 units in my first syndicated deal.
I can feel my soul re-inflating with total control over my day-to-day schedule and priorities.
Hopefully the good trends will continue with REI and I won't have to jump back into the IT field. I don't think it would be a problem to do that if needed but it's not Plan A.
Thanks for reading - good luck on your own REI endeavors.
Cliff