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Home Markets Stock Market

Earning Six Figures Through Investing After Leaving a $40K/Year Job

The BiggerPockets Podcast by The BiggerPockets Podcast
October 21, 2024
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Earning Six Figures Through Investing After Leaving a K/Year Job
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What if you could Make More Than Your W2 Salary with Real Estate Investing?

Imagine not only replacing but making MUCH more than your W2 salary with real estate investing. Now, picture doing all of this in just two years. Sounds impossible, right? Today’s guest, Jon Boyd, achieved just that, overcoming more barriers than most. He left his W2 job to pursue full-time real estate investing while providing for his family of six! Now, he’s earning much more than his job ever paid him and building significant wealth in the process. How is he doing it? Through direct-to-seller strategies that anyone can try.

Unlike many real estate investors, Jon skipped heavy investing during the 2010s, so his wealth is not due to the rapid appreciation of 2020 – 2023. As his W2 job chipped away at him day by day, Jon knew he needed an exit option. So, he tried a simple direct-to-seller marketing strategy, found a great deal, made a serious profit, and decided to go ALL-IN!

Just a few years later, he’s a full-time real estate investor, completing over a dozen house flips in a year, with a portfolio of five rental properties, making MUCH more than his job ever paid. The best part? He does almost all of it himself, proving that with some determination and stepping out of your comfort zone, anyone can achieve the same.

Dave:

Today we’re discussing what happens when you go all in. Our guest left his job on a break to sign a HELOC for investing. When he returned, he also brought his two weeks notice and a plan to go full-time in real estate. Two years later, he closed over 30 deals. Hey guys, Dave here with Henry Washington and our guest today is investor Jon Boyd from Arkansas.

Henry:

Jon has an amazing story. He did exactly what people dream of doing when they start learning about real estate investing.

Dave:

He did the Jerry Maguire. He just rage quit. It’s amazing.

Henry:

Exactly. No, but he’s got a fantastic story that people will enjoy and learn a lot from. So let’s get started.

Conclusion:

Jonathan Boyd’s journey from leaving his W2 job to pursuing full-time real estate investing is truly inspiring. By using direct-to-seller strategies and taking calculated risks, he was able to achieve financial success in just two years. His story serves as a reminder that with determination and stepping out of your comfort zone, anyone can achieve success in real estate investing. If you’re considering making the leap into real estate, take Jon’s advice and push just a little past your comfort level. Sacrifice and determination can lead to incredible results, even in the face of challenges. Jon Boyd’s story is a testament to the potential of real estate investing to transform lives and build wealth.

For more trending news articles like this, visit DeFi Daily News.



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