[USER]

I’m 34 years old and have a current net worth of $1.3M. I started focusing on wealth building when I was 26.

I was a farmer at the time and didn’t have health insurance, so I somehow got a job in corporate finance.

I started with a net worth of negative $35k (due to student loans), and used the income from my new finance job to buy a modest single family home.

I rented out the extra bedrooms and a few years later used the savings to start buying multifamily properties with a coworker using FHA loans (which involved a few years of buying, refinancing, and bouncing around).

I now have 19 apartments and a few commercial spaces.

Two years ago I started with a new company after they offered me more than double what I was making.

It’s a good company, but the role is very demanding.

It’s also over an hour away from where I live, which prompted me to buy a second home closer to work (which I also run as a profitable rental).

I feel a bit like I’m burning the candle at both ends and I’m starting to question whether I’m still on the right path.

I have limited interest in acquiring more real estate at the moment as I feel that most assets in my market are grossly overvalued.

I have one property that I’m about to start renovating.

I’m probably going to put about $200-250k of work into it, but I expect to generate an incremental $$57-67k/year of free cash flow from the project.

I also have an underperforming office asset that I am trying to fire sale on a NNN and which I will liquidate if I can’t rent it.

That will swing my portfolio net income by another $30-42k per year.

So basically a year or two from now, without a job change or buying more property, I could see income increase by $87k on the low end and $109k on the high end.

I currently get about $100k a year of free cash flow from the other properties.

My investment portfolio is healthy and underleveraged (about 50% LTV with a 2x+ DSCR).

Would I be insane to just quit my job after my current projects are done?

I have been feeling like I want to just buy and RV and go spend a couple of years exploring, and I’m struggling to tell if this is just a stress response or something that would actually be “worth” pursuing.

[And yes I know that I’m the only one who can really answer this, but I’m looking for perspective].

[Farris]

Everyone sometimes feels this way, I don’t think it means throw the growth opportunity away and spend time just traveling for a couple years.

Sure, you can travel but you can also buy real estate.

I quit my job at 26 with 40 units, but now I’ve gone on to get to 1250 units by the age of 30, $130,000,000 in assets, and own a brokerage that does close to half a billion a year and growing.

You seem like the type of person to need a pursuit.

Sure, move around and enjoy the world, but build something great while you do it, the chase and the journey is what’s fun, don’t let a few tough weeks make you want to quit it all.

[Danny]

Read “Die with Zero” asap. It’s a wonderful concept that basically outlines we have chapters in our life that we are meant to to do certain things.

For you at your age, and how hard you’ve already worked, get the hell out of the system and go travel.

Travel far and wide.

Take a breather from FIRE mindset and LIVE.

Life is too dam short.

[ER]

Can you go on an extended leave before quitting your job entirely? Maybe you just need a long break.

[Marisa]

I live quite happily spending under 40k per year. What do all these commenter’s need 200k for, or a billion for in one case?

You can live large on under 100k.

[Danielle]

Personally, I wish I’d done something like that when I was younger, didn’t have kids, etc.

I watched my brother do something similar last year (renovated a van and chased adventure around US/Canada for a year).

It doesn’t sound like he or his girlfriend have any regrets.

They weren’t ready to retire, but they were ready for a change.

They’ve since settled back down and gone back to their careers but I see a big difference in him from that year (in a positive way).

[Shelby]

Please go do it! Do not live your life with regrets. You can always come back to workforce if needed.

[Kayla]

This is from a life perspective, sometimes the right amount of balance lands somewhere in the middle and not at either extreme.

Would you consider working part time if you enjoy your job?

[Kacee]

You have achieved ALOT at such a young age (clearly and very deliberately successful so far).

But it seems you are still unhappy and/or working yourself to the point of not knowing “when or what” is “enough” and you feel stuck and that makes you restless, wanting to explore the world in your RV (been there myself!).

We have been taught to save for retirement, for the future but we also don’t keep in mind our bodies and health aren’t always going to be as young and able as we once were.

That’s just biology and facts, assuming no illnesses or diseases sneak in or creep up on you.

If there are, your health runway is even more compromised and time will be shortened or restricted.

You are healthy till you are not.

Figure out what’s enough and balance it out with some life experiences.

Get an RV, go explore. You deserve it.

You are young, do what you can while you can.

You can always go back to work afterwards (or not since you have achieved well financially with what’s in place now for you).

Maybe traveling and exploring will shed new lights into new self discoveries/growths or opportunities.

You really don’t know till you do it, so just go for it!

[Claudia]

A stress response is a sign from your body that something isn’t right. Ditch the job and follow your passion, real estate.

Travel around, lots of places and communities to discover!!!

Good luck!!!

Keep us posted on what you do!

[Dayna]

If you’ve been feeling like you want to RV and explore for awhile, please go do it.

You’ve built yourself up from -$35k net worth, you can do anything – if that means finding another high-paying job when you get back, then that’s what you can do.

If that means finding more balance (which it sounds like you need and can afford to do), you can.

You’ve done great work building your passive income/NW – use it to your advantage now!

[Lauren]

Financial Planner here.
I found myself in a role that was absolutely daunting.

I would run my financial plan each day, decreasing the retirement age over and over again.

One of the best things I did was leaving that job and creating my own business.

I cut my client load to 25% of what it was in the past.

I’m enjoying my career again and loving playing a very active role in my client’s lives.

I found that the burnout was going to impact the longevity of my career.

Once I got to about $2.5 million in assets, I cut away knowing that I no longer needed to put as much stress on myself to earn the income because my portfolio will go about $200k-260k per year through market growth.

It’s kind of daunting to not be busy all the time.

It’s a stress of its own, for sure.

But I am absolutely loving my career again.

My body and mind feel better.

And I’ve extended my career by at least a decade.

[Author]

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