Quote from @Stephanie Cortez:
I recently landed a new fully remote job with a managed care organization. Initially I felt extremely excited although the feeling quickly disappeared. I am coming to the realization that I don't want to work for anyone or feel stressed over deadlines, dealing with people/coworkers or waking up every morning anxious and tired. I want to fully commit to flipping houses and building rental income all while traveling and living freely. Is this possible? Any success stories regarding taking that leap of faith? If so, how did you do it? Where did you start? What advice would you give?
I think it is possible, but it's important to look at the reality of flipping and managing properties. Flipping can be very involved when you're trying to keep all the costs within scope and budget. I left my regular W2 in 2021. I was making mid 80s in a customer success role and left for a varierty of reasons. I immediately missed it because it was a great company and great people but was able to live on real estate activities either way. In 2022, I went back to a W2 job out of sheer boredom. I was clearing $9k a month after taxes but was incredibly bored, so I went back to work making a higher salary in a completely new field. I worked there for 4 months and quit for family reasons (they need me more than a job). During 2023, I've had 3 or 4 conventional W2s including the one I have now, but I don't
need any of it. I start work and quit at will. It's kind of funny really. One of my selling points to hiring managers is I don't need a job. I want a job, so with me you'll have someone extra motivated to be there. I don't work a job unless I actually believe in the mission of the company. Most of my coworkers are there so they don't get evicted. There's a clear delineation in the work ethic there. My real estate income is now up to about $13,800 a month. I plan to get a couple more commercial units and then I'll probably go the way of Chad Carson and live in Spain a bit.
I think it's important to have balance in life. People need to work to really be fulfilled, but things like the FIRE movement, Tim Ferriss, the drudgery of modern corporatism, etc has kind of made it seem that work is just a drag that should be avoided unless absolutely needed. I think finding a mission in life is tantamount. People hate working most times because they don't have a purpose in it. Staring at spreadsheets and everything is awful if you hate it and don't have a passion for the underlying mission. Wiping butts as a CNA is no one's dream job but it fills a vital need. Pulling 12-16 hours a day as a doctor is a huge benefit to society, but all anyone sees is their high student debt or bad work life balance.
Not working isn't the goal. Working with a purpose is the goal.