Have you heard the news that the IRS will not be issuing tax refunds?
Yup, the country’s collector is among the federal agencies affected by the government shut down, now in its third week.
And they are not the only ones. I actually have friends that are government employees who themselves are without a paycheck at the moment.
I have a friend in particular who asked me if there is a way that he could get into the real estate business but because he has been a full-time employee with the government he has not had a strong desire to create a secondary income in this real estate space, until now.
Like I told him, anybody can begin to plant seeds in this real estate business even if they have a full-time job. For one, you can begin by putting money aside each and every single paycheck to contribute towards your long-term rental portfolio.
The second way to get going is to begin putting some marketing pieces out so that you can put a property under contract and then simply wholesale it out to another investor buyer.
You can also partner up with someone who may have more time than you and you can split up the tasks and marketing expenses.
At the end of the day, there is no excuse holding you back from getting started today; if real estate is where you want to diversify yourself into.
You can start with just a simple step of educating yourself through reading my emails and blog, watching YouTube, or listening to podcasts.
If you’re not already taking the steps necessary to change your destination this year, Start Now.
To your success,
Ernie “ Encouraging You to Start Now “Vargas