Can you really juggle a full time job and real estate investing and be effective?
This continues to be one of the most common and pressing questions aspiring real estate investors have. So what’s the answer?
Of course so will use their current busy schedules and day jobs as an excuse not to make the leap or push themselves. Perhaps they just aren’t ready to taste another level of success yet or enjoy the rewarding lifestyle real estate investing can bring.
Others may use this scheduling conflict to take the ‘easy’ path and just dump their jobs because they hate them and choose running head on into real estate investing full time as an escape.
However, the truth is that you can do both. No matter what real estate investing strategy you are pursuing from flipping houses to acquiring rental properties there is enough time in the week. If you work a 40 hour full time job out of a 168 hour week that certainly leave plenty of time to squeeze in a few hours to invest in real estate or at least begin building a real estate investing business which can free you from the rat race.
In fact, while there are many advantages of going right in to investing and making that your sole focus there are also benefits of taking your time to work into it before you leave your 9-5.
Having a steady paycheck when you get started means you have the luxury of making better property picks and business decisions rather than rushing to do deals because your family needs to eat and the bills need to get paid.
However, perhaps more importantly limiting yourself to just a few hours a week of real estate investing from the start means being forced to be disciplined not to make it into another full time job and to get the structure right which will provide the freedom sought from being an investor when you can afford to quit.
Plus, you may easily find you make more in 4 hours a week investing in real estate than the rest of the month on the clock. When you pass that mile marker then by all means ditch the 9-5 and free yourself the right way.