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Thinking About Quitting Your Day Job And Investing In Real Estate? Here's What Made Others Finally 'Embrace The Freedom Of Going Full-Time'
Yahoo Finance· 2026-02-02 18:01
Core Insights - The primary focus for real estate investors transitioning from W2 jobs to full-time real estate is the importance of cash flow over net worth, emphasizing that real estate income should cover living expenses [1][2] Group 1: Cash Flow Importance - Investors highlight that monthly cash flow is crucial, with one individual stating that if investments can cover living expenses, it is time to fully commit to real estate [2] - A successful investor shared their experience of quitting their job when generating $25,000 a month from 80 units, stressing the need for cash reserves [2] Group 2: Cautionary Advice - Some investors caution against quitting W2 jobs too early, as it can limit financing options, with one commenter noting that W2 income can secure better loan rates compared to commercial loans [3] - An investor mentioned maintaining their W2 for three years after being able to quit to secure financing for future deals [4] Group 3: Planning for Transition - It is advised to plan for future acquisitions or refinances before leaving a W2 job, with recommendations to map out the next 3-5 acquisitions while still employed [5] Group 4: Healthcare Considerations - Healthcare costs are a significant concern, with discussions on the challenges of obtaining medical insurance outside of corporate employment, although real estate income can provide flexibility in managing income for ACA subsidies [6]