I wake up everyday yearning to be a real estate investor. I know I have found my love as this is something I will be able to do with so much excitement involved. Real estate to me is life. I am beginning a habit of reading at least 1 post about it everyday instead of wasting my time on Facebook. I speak on my prior Facebook Addiction here. The goal is to accumulate as many multifamily complexes as I can in the NY area. This will take time of course as I have big decisions to make. I thought about leaving school for awhile so I can get full time employment. This will make it possible and much easier to secure a bank loan to start acquiring properties. I then thought again about how amazing the lawyer from Sullivan & Cromwell was to me when I was going through my name change process. I want to be able to return the favor and pay it forward to other transgender individuals who may be intimidated by the court system. I had no idea how I was going to navigate the process of changing my name. I know people who have done completely fine without one but I must say it was more convenient for him to do all the work while I just showed up to the court and saw the judge. The judge was a woman who gave me some more credibility with the attorney present.
Another thing that peaked my interest today was the salary a lawyer can achieve by working at this top law firm. According to the “Above the Law” website, a starting associate will rake in the bucks up to $180,000. After about 9 years the increases of your salary will be up to around $345,000. I can look at some very nice houses with that salary to back me up. They do hire attorneys just for the corporate real estate that they help businesses or wealthy people to purchase. A good way to become a real estate investor I feel is to learn the laws behind it. This will be a great way to get some income on the side while I build up a healthy pension as an attorney. The average millionaire has 7 income streams so I’m building it up slowly.
I have always had an interest in the field. Somehow over the years I can recall going to those “training” events at hotels that they have to try to recruit trainees. I get it…the information doesn’t come free. For now I learn most of the information I know from reading on my own and one of my professors. She is a Real Estate attorney/entrepreneur. She has owned her own business and knows how to read the market. A former student of hers was able to buy property with a little advice from her to make the transaction go accordingly. The home was renovated and is now being rented out to tenants. Now I know it’s not as simple as it sounds or everyone would do it. Tarek from the show “Flip or Flop” has a saying that classifies real estate in a nutshell. “Big Risks, Big Rewards”. I plan on putting the puzzle pieces together very soon to fulfill my destiny of achieving the true happiness of freedom.
*If you’re looking for transition related material click here.
*If you’re interested in my Entrepreneurial endeavors, take the next step here.