926: 6 Tips to Grow Your Real Estate Portfolio While Working 9-5

BiggerPockets Real Estate Podcast

BiggerPockets

Investing, Education, Business

4.8 • 16.6K Ratings

🗓️ 1 April 2024

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

You want to grow your real estate side hustle, but your W2 is taking up too much of your time. How do you invest in real estate when you’re stuck at the office or behind a desk from nine to five? We’re about to give you expert tips on growing a real estate portfolio or real estate business no matter your W2 because if David Greene and Rob Abasolo can do it, so can you! Whether you want to build a rental property portfolio, flipping or wholesaling business, real estate agent side income, or something else, it can be a struggle managing your real side hustle while working your full-time job. And, if you eventually want to quit your job and become a full-time real estate investor, you’ll need your real estate to produce as much or more than your current job, but how do you make that type of income with only nights and weekends free? These six tips will help you create a bigger, better, more scalable real estate side hustle, helping you do more with less time WITHOUT burning out. From setting a side hustle schedule to automating everything you DON’T need to be doing, avoiding feeling overworked, and using your free time to speed up your timeline to financial freedom, these tips are CRUCIAL if you ever want to build wealth through real estate. So, if you’re struggling to balance your job with creating a real estate business/portfolio, implement these tips TODAY! In This Episode We Cover: Why you need to START telling your boss (and yourself) “no” more often How to automate and delegate to free up time in your day so you can do what matters most The Pareto Principle (80/20 rule) that will change the way you do anything and everything Tips to avoid burnout when working a job AND for yourself and what David did to reverse his real estate paralysis Why you should NOT quit your job until you’ve reached THIS stage of investing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast How to Use Real Estate to Quit the 9-5 Grind David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-926 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pocket Podcast Show 926.
0:04.0	What's going on everyone? This is David Green, you are host of the Bigger Pocket's Real Estate Podcast,
0:09.0	and I've got my good buddy Rob Abbasolo here with me.
0:12.0	How you doing, man? know today I am a I've got I have so many real estate projects going very different paths all going well but making me consider maybe should I transition back to my 9 to 5 job and go back to that life
0:26.8	that's how I feel sometimes. Oh real estate can definitely do that to you that would be a funny
0:30.6	episode of I left real estate investing to go back to my 9 to 5 and here's why.
0:35.0	But that would be a good show.
0:37.0	Well, we're actually going to do the opposite of that today because a couple of weeks ago we brought
0:40.7	you a show called The Best real estate strategy to leave your
0:43.4	nine to five job but today we wanted to follow up on that episode and give you tips
0:47.5	to balance your nine to five job while also growing your real estate side hustle
0:52.1	look we want you to be very successful here so we're also growing your real estate side hustle.
0:52.6	Look, we want you to be very successful here,
0:54.7	so we're going to give you some tips
0:56.0	and some practical applications
0:57.9	to hopefully set you up for that day
0:59.5	where, hey, maybe you get to hand in your resignation
1:02.4	and become a bona fide full-time real estate investor.
1:05.3	That's it, so we're going to be talking about what you need to know if you want to be on that path.
1:09.5	Let's get into it. All right, our tip number one, create office hours for your side hustle. This is all about getting something on the calendar because when you have a W2, your W2 typically provides you with direction, but when you start to work for yourself
1:24.8	whether it's a side hustle learning real estate investing or even a real estate
1:27.8	profession like being an agent of property manager or a loan officer you're not
	...

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