Key Takeaways
- Becoming a full time investor is a big decision that should not be taken lightly.
- Choosing a career in real estate investing involves taking on risk and making sacrifices.
- Those considering full time real estate investing should take a moment to evaluate their own resolve and preparedness.
“Am I ready to become a full time investor?”
If you’ve broken into the real estate industry as a part time investor, chances are, you’ve asked yourself this question before. You may have a day job that provides a steady income and great benefits, but perhaps you’ve dabbled in real estate investing part time because you’re hungry for something more in life.
Whether it be leaving a legacy, becoming your own boss, or achieving financial freedom, everyone has their own unique motivation for getting started with real estate investing. Yet, feeling hesitant to leave behind a stable environment in exchange for a full-blown real estate investing career is only natural. So how does one make the difficult decision of becoming a full time investor?
Making a commitment to pursue real estate investing full time is not a decision to be made lightly. On one hand, continuing on as a part time investor will limit your ability to pursue some of your personal and financial goals with complete devotion. On the other hand, becoming a full time investor can be risky and you will have to make sacrifices.
The cold hard truth is that a career in real estate investing is not for everyone! However, by investing in yourself early on, you will sooner be able to launch your personal enterprise and achieve financial freedom.
How To Determine Whether Becoming A Full Time Investor Is The Right Choice For You
If you’re completely resolved to become a full time investor, that’s great. But for those who are teetering on the edge of indecision, how does one make that leap of faith?
Pursuing a career in real estate investing is not for the faint of heart. It requires dedication, grit, and the proper mentality of being your own CEO. Ask yourself these 8 questions that will help you evaluate whether or not you’re ready to become a full time investor.
