Why Quitting Your 9–5 to Invest in Real Estate Could Be a Huge Mistake (Unless You Do This First)

✍️ By Debbie Balfour | WBN News | May 28, 2025 | Click HERE for your FREE Subscription to WBN News and/or to be a Contributor.

The dream of ditching the 9–5 to become a full-time real estate investor is stronger than ever. The appeal is obvious: time freedom, financial independence, and building wealth on your own terms. But what’s often left out of the story is the serious groundwork required before making that leap.

For starters, consider how becoming self-employed changes your mortgage qualifications. Lenders typically want two years of documented, stable self-employed income—even if you’re a successful investor. Without it, even refinancing your personal residence can be tough.

Next, you need to carefully examine your monthly living expenses. Can your savings—or business—cover your needs for 6 to 12 months? Income from investing isn’t always consistent, especially in the early days. A financial buffer isn’t optional—it’s your safety net.

Then there’s the issue of insurance. Employer-provided health, life, and critical illness coverage ends the moment you quit. You’ll need to research and purchase your policies to stay protected.

Another critical factor: Do you have systems, tools, and processes in place? Managing leads, tracking deals, handling accounting, and scaling your operations all require structure. If your business isn't set up to support your time and goals, the stress can outweigh the freedom.

Finally, consider the legal and operational costs of running a business. Whether it's contract reviews, compliance, or consulting, those costs need to be part of your pre-exit plan.

This isn’t about discouraging the dream—it’s about planning for success. Before you hand in your resignation, ask yourself: Do I have a plan, or just a passion? The difference will shape your future.

Debbie Balfour | Real Estate Investing Success Coach + Podcast Host
📍 Website: www.DebbieBalfour.com
📧 Email: Debbie@DebbieBalfour.com
🔗 LinkedIn: Debbie Balfour
▶️ YouTube Channel: youtube.com/@DebbieBalfour

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