All Forum Posts by: Clay Wyant

Thanks for the input. My only hesitation (which could be completely illusory at this point) is that I've never formally practiced law, despite having a law license. I'd suspect they'd want someone with experience but maybe junior roles would be open too. Good idea though, perhaps I'll be able to hunt a few people down who are in similar roles as this and be able to pick their brains a bit to get an idea of my prospects. Thanks! 

Thanks for hanging around the office a bit longer on my accord! 

I'm definitely going to be reaching out and trying to grab coffee with some escrow officers and fee attorneys now to paint a better picture of what's what & opportunities. And I'm definitely with you on low overhead. Whenever I see a 85k car, I just see two or three down payments on cash-flowing properties that has been unfortunately transmuted into a depreciating asset on wheels. Again, thanks for taking the time to help out a novice!

Thanks for the detailed reply! I have briefly looked into being an escrow officer for a title company, but am uncertain as to how much bonuses play a role in compensation and what career paths it could open up. You mentioned that having the skill to close could bring my career in many directions - I'd be curious to hear a few potential career paths that you think being an escrow officer could open up. It'd also be wise for me to reach out to some successful escrow officers and see if they could provide any insights. If you know any who might be willing to answer a few of my questions, I'd be beyond grateful. 

As for being a fee attorney, that wasn't really even on my radar until just now. The idea of having a stable stream of work is appealing and I've also had a great interest in notes (I've been to several of Eddie Speed's Note Expos and they're always great). If I went this route, would my only option be to enter a law firm that works with a title company? Or would I be able to work directly with (or even for) a title company directly and have enough work to make it sustainable? I'll confess my knowledge as to fee attorneys is lacking so any further insights you could provide would be great. 

Thanks again for taking the time to write all this out and give me your two cents - it's very much appreciated!

Hey everyone, 

So a quick bit about me, I've got a law license in Texas with the end goal of being a cashflow oriented investor such that I can build up enough passive income to meet my living expenses one day. 

As the title suggests, I would prefer not work in a law firm given that, in my opinion, many young attorneys (I'm 31) are overworked and underpaid. While I went to law school solely because of my interest in real estate, the idea of working in a law firm simply isn't appealing to me currently. I'd love a career in real estate where a JD is an asset and would give valuable experience for one day becoming a cashflow-oriented RE investor. 

I've been briefly considering oil and gas careers simply for the money (and the fact I wouldn't have to work in a law firm) but real estate has my heart. Given the fact I'm drowning in debt from law school I'd need a career path that would eventually lead to something close to six figures or preferably, beyond. Just not sure where to start or what job titles/niches I should be considering to get me going in the right direction.

Any advice would be greatly appreciated!