The latest unemployment figures haven’t been much to boast about. As such, is it time for those out of work to get off the fence and into real estate investing? Those who make the decision to invest in real estate may welcome the returns it can provide. Do you have what it takes?
While the economy seems to be picking itself up, there is a lot of confusion about the job market and viability of real estate investing as a replacement career.
After the stall, due to the government shutdown, the new round of figures from the Bureau of Labor Statistics shows pretty stagnant unemployment rates. Of course, this data is also notoriously flawed by various issues. The actual listed employed percentage of the population remains low, but this is also due to many giving up on looking for work or launching themselves into freelance careers. Many are also embracing real estate investing and are now glad for doing so.
Despite the economy improving, it is a little disconcerting to see so many highly qualified students and experienced professionals back in the job hunt. However, for every sad tale, there seems to be a positive one too. The one differentiating factor seems to be those that are choosing real estate over those that haven’t.
Many success stories may seem too good to be true or out of reach for many individuals. Sometimes this is the excuse people use to not try their hand at real estate investing. Of course, if your income aspirations aren’t that large, then it can be a lot easier. There are countless reports and information supporting the idea of entering into the real estate industry. It doesn’t matter if it is full-time or part-time, each has proven to be beneficial.
Without any get rich quick promises, for those that are now facing the prospects of looking for a new job, it is probably good to point out that starting a career in real estate can be inexpensive and fast. It even comes equipped with a fully customizable schedule, all the perks you want in a job and an income you can really live on. Plus, it is certainly a lot more enjoyable than working for someone else.
Don’t believe it? Ask few local real estate pros yourself. Check the data. If you aren’t working or making the money you’d like to right now, you certainly don’t have anything to lose by trying it out part-time while you look for another solution.
Being on the front end of a new, extended real estate boom the timing really couldn’t be better. How long are you going to keep putting it off while others you know boast about their incomes and the latest toys they are buying?
