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All Forum Posts by: Jon Wimmer

Jon Wimmer has started 6 posts and replied 15 times.

Post: Engineering and Real Estate

Jon WimmerPosted
  • Skiatook, OK
  • Posts 15
  • Votes 6

Thanks for the advice @Omar Khan

I have called several real estate development companies in Tulsa (closest city to me) and one did take my resume. I have taken steps to begin informational interviews already and have done some networking at REIAs and meetups. I do still feel far from finding where I will fit best if I do not go to work for a traditional engineering company.

Post: Engineering and Real Estate

Jon WimmerPosted
  • Skiatook, OK
  • Posts 15
  • Votes 6

Hey BP,

I was wondering if anyone has advice on how I can apply my mechanical engineering degree to learn more about real estate. I just graduated and am currently looking for my first entry level job. I was thinking I could work for a residential development company as a civil engineer or something similar. At this point I feel that applying my job to real estate then I can still learn, network, and provide opportunities to myself so I can efficiently do real estate investing. I am willing to take a pay cut for a position that may not be as high because the other benefits (knowledge) will outweigh pay.

Post: Applying the Set For Life philosophy

Jon WimmerPosted
  • Skiatook, OK
  • Posts 15
  • Votes 6

Hey BP! Second thread posting here (thanks so much for the responses in advance everyone).

I am hoping to get some advice on I can apply my mechanical engineering degree that I am about to get in a couple of weeks to Scott Trench's philosophy. He states that we want to apply our time to something that will give us a very high raise in a short amount of time. I am not sure how I can use my mechanical engineering to do this. Should I look at startup companies? Should I find some sort of real-estate-related business that needs an engineer? Hopefully I can get some advice from people who have read the Set For Life book or understand its goals for us.

Post: To-be investor looking for starting out advice

Jon WimmerPosted
  • Skiatook, OK
  • Posts 15
  • Votes 6

Thank you all so much for the responses! It means a lot to me!

I will take all of your advice and look for a job that I will enjoy and learn from. I will be moving anyway when I graduate and I have the choice to go where ever, based on the job I choose. That is why I have been looking at other states both real estate-wise and engineering-wise. 

I am super excited to jump into the game and work hard for early retirement. But hey, my engineering position defiantly could be the something that I will not want to give up! I will find out when I get there! I just know how hard my family has worked for "the man" for years and years. I want to repay them for helping me get this far and have several options for myself in the future!

Post: To-be investor looking for starting out advice

Jon WimmerPosted
  • Skiatook, OK
  • Posts 15
  • Votes 6

Hey BP!

My name is Jon and I have been lurking around the site for about half a year now. I got interested in investing in general after basically googling "how do people get rich" I think haha. That led me to real estate investing and then listening to the BiggerPockets podcast while working all last summer. I have attended two meetups hosted by Deren Huang here in Tulsa and really enjoy meeting and listening to locals stories! My main goal right now is to achieve early financial freedom. I will start this by doing househacking in either a single family with friends or a small multi.

Here is where I have a question, right now I am in my final semester to receive my Bachelors in Mechanical Engineering from Oklahoma State University. I will graduate without any student debt or any other debt for that matter. I would also like to mention that I am a frugal person; enjoying Set For Life by Scott Trench so far. What I want to know is if I should be looking to move somewhere like Texas where my income will not be taxed; plus engineers seem to make more in Texas generally. I am not sure if Texas is a good idea because of the high property tax. I do not know the Tulsa Oklahoma all to well anyhow so there seems to be little reason for me to spend time learning this market if I can begin learning others now.