How to become a full-time real estate investor

real estate investor

Many people dream of becoming a full-time real estate investor. However, making enough money or feeling comfortable enough in the real estate business to quit your job isn’t easy. I have been a full-time real estate investor and agent for over 15 years. I love going to work on Mondays because every day is different and exciting. I also have complete control of what I do because I own my own business as a real estate investor. Real estate has even allowed me to create this blog, write books, and do many other interesting things. I did not have a fast and clear path to being a full time real estate investor, but I have learned a lot over the years that can help others become immersed in the business. In this article, I talk about my path to becoming a full-time investor and what others can do to get into real estate full time.

How did I become a full-time real estate investor?

Well, it took me a long time. I started in the real estate industry right out of college, but I was an agent. My father had been an agent for a very long time, and I reluctantly worked with him when I could not find a decent finance job. I lucked into real estate, but once I got started, I loved it. Being an agent is not the same as being an investor, but the careers are very similar. Becoming a real estate agent was actually a great way for me to become a full time real estate investor.

I found my niche as an REO broker selling bank-owned foreclosures. I started making a lot of money as an agent, which I invested into as many rental properties as I could buy. In 2015, I had purchased 16 rental properties that made me about $8,000 per month in passive income. It is hard to pinpoint when I became a full-time investor as opposed to a real estate agent, but the shift was gradual over time.
 

Discover more on this website

How to make moving to a new house stress-free! Moving to a new house is undoubtedly the most painstakingly long and stressful process one can go through, especially for those people whose jobs or lifestyle (army officers, ambassadors, local government officials) requires them to move around a lot. However, organization an...
Half of Hong Kong adults belong to the “Sand... Personal relationships are under financial strain, while housing and living arrangements are of major concern to Hong Kong people according to the 2017 Prudential Relationship Index, recently announced by Prudential Hong Kong Limited. The findings highlight a need for more fu...
Give your home a cheerful & trendy looking ex... As we have stepped in to an advanced era, there is a constant struggle to stand out, look unique, grab attention, make your place, be famous and make your identity by any means. This has led the interior and exterior designing of a house to an ultimate new level too. We have ...
Learn how you can make your bathroom waterproof Bathroom is inevitably wet almost always and, when your bathroom surfaces are not waterproof, they will eventually be covered in mold and mildew. This is a very common scenario for many interior and exterior washrooms. To solve the problem of having unattractive staining on f...
Share This Post On

Pin It on Pinterest

Share This