When to leave your job to become a full time real estate investor

If you want to pursue real estate investing, and in particular lease options or subject to investing deals, I don’t advise quitting your job and starting with nothing. Instead, I offer two pieces of advice:

1. It is best to start this business while you are still employed at your current job so that you won’t have to worry about receiving a paycheck while you are learning the business.

2. Begin to build a second income that can eventually replace your primary income when you are ready to leave your job.

Too many people leave their jobs too early, only to find out they have to go back or can’t survive without the income. Don’t make that mistake. Whether you are investing in lease options or doing subject to investing deals or any other type of real estate investing it takes time to learn the business and build up your income level. Don’t get fooled by those late night infomercials that make you think you’ll make a million your first month or even your first week as a real estate investor. This is NOT a get rich quick scheme. It takes time.

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