We know you’ve been thinking about it. Dreaming about it. Talking to your spouse, friends, and family about it. Take our advice: don’t do it…yet.
Obviously, we’re talking about the one thing every real estate investor is after: quitting your job. It’s the goal of every rental property owner to have enough real estate cash flow to pay for your life, tell your boss it’s over, and walk out the door, fading away into the sunset.
But quitting your job for rentals could add years to your financial freedom timeline, limit your ability to scale your real estate portfolio, and force you back into the job market when things get tough. Today, we brought on someone who’s proof that keeping your job makes you richer (quicker) in real estate.
Paul Novak has worked full-time for 20 years. At record speed, he acquired eight rentals in just five years. And guess what? In five more years, he could be financially independent and retire early, IF he keeps his job and invests. The best part? Paul has unlocked secret, low-interest loans that W-2 workers have easy access to but rarely know about, helping him supercharge his rental portfolio.
If you really want to quit, do it. But if you actually want to get wealthy with real estate, listen to this episode.
In This Episode We Cover
How Paul scaled to eight rental units while working a full-time schedule
The secret loan to fund your real estate deals that W-2 workers have easy access to
Why you’ll retire much sooner if you keep your W-2 job vs. quitting
Should you work in the real estate industry if you don’t like your job?
The benefits of going full-time into real estate (only quit if these are worth it)
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1211
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