BiggerPockets Real Estate Podcast
Business:Investing
Ready to escape the rat race and leave your nine-to-five behind? You’re tired of the early mornings, late nights, alarm clocks, and commuting. You want to go out on your own, create your own destiny, gain autonomy, and control your schedule. Can real estate help you get there? Definitely, but it won’t be the way you think. Those popular flipping shows on TV and influencer Instagram feeds love to show how easy and fun it is to be a full-time real estate investor. But is this reality?
Today, we’re having an “escape the rat race” roundtable as Dave Meyer, David Greene, and Rob Abasolo discuss the best way to quit your job with real estate. Two of these investors are full-time real estate professionals, while one still holds their nine-to-five. In this episode, they get into the exact strategies you can use to start building wealth through real estate, create cash flow to replace your job, and determine which investments will work best for you. There’s even one strategy they ALL agree is the best way to get started.
But before you hand in your two weeks’ notice, you better listen up. The world of full-time real estate investing isn’t what it seems on the outside, and unless you’re willing to put in the work, you might as well stay at your job and invest on the side. Want to hear about the grind none of the investing gurus will tell you about? Stick around; we’re sharing it all in this episode.
In This Episode We Cover:
How to quit your nine-to-five job and start investing in real estate full-time
The easiest way to get started investing in real estate that EVERYONE should do
Active vs. passive real estate investing and whether you should flip houses or fund other people’s deals
The truth about real estate cash flow and why it WON’T solve the problems you want it to
Which personality types should invest in which assets (and the ones you should avoid)
Real estate jobs you can start NOW that will help you get into the game even faster
And So Much More!
Links from the Show
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Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Find a BiggerPockets Real Estate Meetup in Your Area
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Be a Guest on the BiggerPockets Podcast
Grab Dave’s Book, “Start with Strategy”
Forum Post: Which real estate strategy works best to escape the 9-5 rat race?
Hear Last Week’s Seeing Greene, “Seeing Greene: Can I Escape the Rat Race with Just $70K?”
Why you shouldn’t quit your 9-5 job to become a real estate investor
David's BiggerPockets Profile
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Rob's BiggerPockets Profile
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Rob's X/Twitter
Rob's YouTube
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Connect with Dave:
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Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-919
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832: Deal Deep Dive: 2 Real Deals in 2023 That’ll Build Your Retirement Nest Egg
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831: Seeing Greene: Depreciation 101 and When to Sell a Reliable Rental
830: From Burnt-Out Tech Worker to $95K in Passive Income in 2 Years w/David Lecko
829: How to Get "Unstuck" in Real Estate by Following These Simple Fundamentals
828: Seeing Greene: How Long to Hold On to a BAD Rental Property
827: From $16/Hour Factory Wages to SIX-FIGURE Real Estate Paychecks w/Keith Everett
826: 5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder) w/Christian Bachelder and Lindsey Iskierka
825: Seeing Greene: Early Retirement, Private Lending, & The $10,000 “Guru” Trap
824: Bankruptcy to Financial Freedom by Following the “No B.S.” Real Estate Rules w/Jason Lewis
823: The Tax-Free Strategy Only Real Estate Investors Can Access w/Mitchell Baldridge
822: Seeing Greene: The 10-Year Real Estate Retirement Plan (Use Home Equity!)
How to Buy Your FIRST Rental by The End of THIS Year (Step-by-Step Plan)
821: From Making $48K/Year to Millionaire By His Mid-30s w/Ryan Tseko
820: The Late Starter’s Guide to Retirement with Real Estate (40s, 50s, or 60s!) w/Kim Woolf Bosler and Kyle Mast
819: What Caused 2023’s WILD Insurance Market (and When Prices Could Fall) w/Robert J. Hamilton
818: From 16-Year-Old Skater to Investing in “Cash Machine” Kmart Conversions w/Mikey Taylor
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