daveliquid
New Contributor
So let me preface this post by saying that I feel fortunate to be in this position where I can choose...
I ran the Help My Decision (HMD) program on this, and I'll tell you the results.
I wanted to decide between Real Estate Investing full-time or going to B-school and getting an MBA. If I go to B-school, the plan is to score a 6-fig job for 8 years and then invest part of my earnings in real estate and then become financially free (I know the J-O-B part of this plan is not "fastlane").
The second option was to do real estate full-on and either buy houses sub-to and then sell them owner finance (requires little more than $500 per deal); or, to work with a guru and learn all aspects of investing and subsequently become a millionaire. (The latter requires thousands in start-up money to learn the ropes.) BTW, I already have 10 years of part-time investing experience, so I'm not a "newbie".
The HMD said do REI now full-time. I haven't worked a FT job in over 11 years and I'm 33 now. I don't honestly know if I could tolerate having a boss again!
Then, the question becomes do I go the cheap route and learn the more specific strategy, or work with the expert? If work with the expert, where would I come up with say $80k to get going?
Thanks for reading.
I ran the Help My Decision (HMD) program on this, and I'll tell you the results.
I wanted to decide between Real Estate Investing full-time or going to B-school and getting an MBA. If I go to B-school, the plan is to score a 6-fig job for 8 years and then invest part of my earnings in real estate and then become financially free (I know the J-O-B part of this plan is not "fastlane").
The second option was to do real estate full-on and either buy houses sub-to and then sell them owner finance (requires little more than $500 per deal); or, to work with a guru and learn all aspects of investing and subsequently become a millionaire. (The latter requires thousands in start-up money to learn the ropes.) BTW, I already have 10 years of part-time investing experience, so I'm not a "newbie".
The HMD said do REI now full-time. I haven't worked a FT job in over 11 years and I'm 33 now. I don't honestly know if I could tolerate having a boss again!
Then, the question becomes do I go the cheap route and learn the more specific strategy, or work with the expert? If work with the expert, where would I come up with say $80k to get going?
Thanks for reading.
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