322. When to Quit Your W2 for Real Estate | Office Hours

Key Takeaways:

Advice on leaving W2 job for real estate syndication:

Don't leave your W2 job too quickly

Start small and gradually build your portfolio

Fees from initial deals likely won't cover living expenses

Have a backup income source while growing your real estate business

Challenges of starting a syndication:

Raising capital is difficult

Initial deals may not generate significant income

Need to be prepared for 2-3 years of limited earnings

Requires careful deal selection and strategic planning

Personal updates:

Closing first solo commercial real estate deal

Writing third book on commercial real estate

Growing mastermind groups to 140-160 members

Upcoming events and speaking engagements

Investment strategy recommendations:

Partner on deals when possible

Start with smaller projects

Build relationships in the industry

Be patient and strategic about growth