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Posted over 3 years ago

WANT TO QUIT MY W2 AND BE A FULL TIME INVESTOR IN NEXT 12 MONTHS

Life is so precious. We don't how much time we have on this earth. We might as well live life doing things we love and makes us happy.

I am no longer happy at my career as a CPA. I find it draining. I am a distant with my coworkers. I just need to get away from it because it truly sucks the energy out of me. I'll leave at that.

During this pandemic I found my passion in this real estate investing. I am obsessed with it because it's mine. I wake up at 4am everyday and that is all I think about and work on throughout the day. I love being the boss, making my own decisions and building something that I can pass down to my children once day. I feel like I am Al Pacino in Scarface (but in real estate) building my empire. "THE WORLD IS YOURS" in my third eye.

I love that I am building a business where the opportunity is limitless while my peers are fighting over a $100k job opening. They are applying while I am hiring. That gives me a lot of pride.

I want to be a full time real estate investor, but I feel like I am stuck in a job/career that I despise just for a biweekly check to cover my overhead. I don't want to touch my business capital because that is for acquiring my apartment building.

Before making this decision of quitting accounting I confirmed with my lender that I can still get a loan for an apartment even if I lose my W2. He said yes.

I have 2 choices that can solve my problem:

1. I can sell my condo and buy a condo in Indiana. I would live off the profit for 2 years and focus on finding deals. The risk is if it takes me longer than 2 years to find a deal I would be forced to tap into my capital. Also, that means I have to trade beautiful LA for Indiana. Also, I will be away from my family and friends. However, I will be closer to my properties and sellers.

2. I can start an online business to cover my overhead. The con here is I need to learn another new business. There's a proverb that says if you chase 2 rabbits you'll catch none. I'm scared that learning an online business will be a distraction from my real estate business.

Is there an online business that I can learn quickly, doesn't take too much time, I can do 100% online, doesn't require much capital, and I make $70k-80k a year you can recommend ? I was thinking maybe drop shipping? is there still money in that?



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