Ramsey Everyday Millionaires Should I Go All In on Real Estate Investing After Losing My Job?
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Oct 13, 2025 Brandon discusses his recent layoff and debates whether to dive into real estate or return to corporate life. The host emphasizes the need to match his former salary with potential real estate earnings. They consider the risks and rewards of flipping versus rentals, revealing that flipping could provide faster income. John advises Brandon to keep a high-paying job while learning flipping on the side, providing insights into a successful transition and the hard work involved in real estate. It's a deep dive into making smart financial decisions after job loss.
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From Corporate High Earner To Laid Off
- Brandon built up to a high-paying corporate role and reached Baby Step 7 before being laid off.
- He considered using saved cash to start real estate after losing that job and turning down two offers.
Compare New Income To Your Old One
- Measure any new plan against your previous earnings before quitting a high-paying job.
- Don't abandon a clear path to $250k unless real estate can demonstrably replace that income soon.
Use A Job To Fund Your Transition
- Keep working while you learn real estate rather than betting all cash on a career switch.
- Use earned income to fund side flips and rentals until real estate income reliably replaces your job pay.