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