Investing in real estate is one of the few professions you can earn a full-time income in part time hours. You don’t need to stare at a computer screen or punch numbers for eighty hours a week to earn a living. With just a few deals a year can supplement, or in some cases even exceed, your full-time income. However, most investors get to a point where trying to balance both can be difficult to handle. You may get unexpected tasks or responsibilities at work that eat up most of your time. You will be put in a position to choose between real estate and the security of your full-time paycheck. Knowing when to commit to real estate and when to only invest part time can be difficult. Here are five tips to you realize if you are ready to invest full time.
The truth is you will never really know you are ready until you do it. That being said, don’t dive into real estate until you know what you are getting into.