Can You Invest In Real Estate with a Full Time Job?
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Can You Invest In Real Estate with a Full Time Job?


Can you invest in real estate if you have
a full-time job? Yes. And No. And maybe. Hold on – i’ll explain. Hey guys, it’s brandon with BiggerPockets.com
and one of the things that stop a lot of people from investing in real estate is the problem
of their J.O.B. And for good reason – they take a lot of time
and they kinda suck. Wait did I just say that out loud? Anyway – there are hundreds of ways to make
money in real estate. Flipping, renting, house hacking. BRRRR Investing. Crowdfunding. Notes. Apartments. And on an on the list goes. Some of these techniques or strategies might
require forty hours a week, while others might only require forty hours per decade. The amount of time it takes to grow your real
estate business largely depends on your investing strategy, your personality, your skills, your
knowledge and your timeline. But with all real estate strategies – there
will be some time commitment. But what’s more important than the hours-in-a-chair
is the consistency. Let me explain. But first- if you are enjoying this video,
do me a favor and click the little “Thumbs Up” button and Be sure to subscribe to our
channel. Ok – story time. Remember the tale of the tortoise and the
hare? The hare continually sprinted through the
race, while the tortoise took the slow-and-steady approach. While many investors have “sprinted” toward
their investment goals, success is most-often found by consistent action, not “big action.” Consider two types of people who try to “lose
weight.” The first person sets a goal and heads to
the gym for a three-hour run on the treadmill. A few weeks later they go back to the gym
and use the bench-press for a few hours. Then a month later they go back and try the
elliptical machine. The second person, however, sets the goal
and goes to the gym five-days per week, but just works out for 30 minutes every single
day, while also watching their calorie intake. After three months… which person, would
you assume, lost more weight? As any personal trainer and they’ll tell
you: the second person will win almost every time. Why? Because consistency in action is far more
important than sporadic big action. So what does this have to do with investing
in real estate while working full-time? Simple: even if you can only spare a few minutes
each day, but you are consistent with it, you can invest in real estate. Most real estate tasks don’t require hours
and hours of work. For example, analyzing a real estate deal
might take ten minutes (especially if you are using the BiggerPockets Property Analysis
Tools at BiggerPockets.com/analysis.) If you simply analyzed one deal per day, but
did it consistently for three months, that’s nearly 100 properties analyzed! If you purchased just 1% of those properties,
you could end up buying a deal every three months! So, yes, you can invest in real estate while
working a full-time job. In fact, it might even be beneficial. First, by holding onto your day job, you do
not need to live off any of the cash flow or profits you make from your investments
— that’s what your nine-to-five job is for! By reinvesting all the profits from your investments,
you can fully realize the incredible benefit of exponential growth. Additionally, you have a much easier ability
to get long-term bank financing thanks to the stable income from work, which can also
help increase and stabilize your wealth building. Real estate can be highly profitable as a
career or if you’re just investing while working a “normal job.” However, the choice is yours as to which path
you take. Don’t simply decide to quit your job and
become a full time investor because you read about other investors who have been successful
doing it that way. You’ve probably heard the age-old high school
guidance counselor question, “If you suddenly had one million dollars and didn’t have
to work anymore, what would you do?” The answer, it’s said, is what career field
you should be in. Would you invest in real estate? If your dream path would be to open up a shelter
for abused animals or to move to Aruba and train tourists to surf, you probably should
not be a full time real estate investor, or you should make sure that your investing lines
up with that vision and can get you there. And that’s not to say that you shouldn’t invest
in real estate — you just maybe shouldn’t go “full-time.” You don’t need to make real estate your
career in order to build wealth in real estate. If you love your job, you don’t need to
quit it to invest in real estate. In fact, you can achieve the same or better
results as a full-time real estate investor by investing on the side. That said, life is too short to be stuck in
a job you hate. Choose a career that makes you excited to
wake up in the morning, energized throughout the day, and content when you fall asleep
at night. If that desire leads you to full time real
estate investing, welcome to the club! Just make sure you are not simply building
a career, but building a future. So – can you invest in real estate if you
have a full-time job? Definitely. But pick an investment strategy that fits
your lifestyle and gets you to where you want to get to in life. For more help on picking a strategy that is
right for you, be sure to check out BiggerPockets.com/UBG to read The Ultimate Beginner’s Guide to
Real Estate Investing – a totally free online guide designed to help you become a real estate
investor. And of course, be sure to subscribe to our
channel here for more great real estate investing and wealth building videos. For BiggerPockets.com, my name is Brandon… Signing off.

11 Comments

  • WRO

    You need stable income to get a bank loan. Banks will generally ask for your weekly pay stubs and stable 1-3 years income proof. Finding $$$ partners usually require you to show proof you already have experience in real estate. The old quote: "need job to get experience, need experience to get job". This is a tough choice.

  • Brandon P West

    Yes and the sooner you start the better!! I didnt have alot to start with so I bought a house on 3% conventional loan, and rented out the rooms so I live there for almost free. Then I move out on the 12th month and buy a second house and turn the first to a rental. Repeat. Great way to start as a young professional

  • Kay Fuller

    I needed to hear this, some people will have you believe when you work a “regular job” that you’re a fraud of an investor. Banks love steady income and stability, so having regular gainful employment can work to your advantage

  • Buzz cut Lawn care

    A video on the actual paper work with buying property, whole sailing, rental contacts, loan agreement especially! This would be a great video the details on the paper work

  • Ryan Arsenault

    Hey guys, If you’re Interested in Hard Money Loans there is great Company named Triumph Capital Partners. If you’re interested check out triumph.capital

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