How to find a job

Caroline - posted on 04/01/2015 ( 5 moms have responded )

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Hello!
I'm looking for a job that allows me to make enough money to live off of and will allow me to homeschool my daughter (ideally), if not, something that will cover the cost of living and still let me pick my daughter up on time.
I work at a non-profit doing marketing part time but it's not enough. I have my substitute teaching credential for California too.

Suggestions welcomed!
Thank you!

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Ledia - posted on 04/05/2015

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No, you don't have to have any formal education to buy and sell properties, but some background in finance, sociology, and economics is very helpful. I didn't finish college--I dropped out. I just study the markets and flow of development in the areas where I purchase very closely. I did take a real estate course--the one real estate agents have to take in order to get their license--just to learn the ins and outs of the actual buying and selling process, but I did not get a real estate license. Keep in mind, if you are actively buying and selling properties for profit, you CANNOT be a licensed real estate agent. That is illegal because real estate agents have information that would give them an unfair advantage. You can work WITH an agent, but you cannot be the agent.

Usually, a city or town will go through cycles. The trick is being able to predict the cycles so that you can buy a property when it is cheap, and sell later once development has caused the value to rise without having to hold onto the property for too long. Remember that while you own the property, your capital is tied up in it, and you still have to pay the property taxes, utilities if they are required, and sometimes other expenses like insurance and upkeep. So you don't want to keep a property for any longer than you need to. I buy in areas that have high crime rates and low property values, but that are ripe for new development--such as new high-end subdivisions going up near by, or revitalization of downtown areas. You have to be careful, because some bad areas are just going to stay bad areas, but if you look at the market, attend zoning meetings in your area (they are free and open to the public!!), and pay attention to when, where, and WHY (Why is the important one) development is happening, you can make good investments.

Last year, I made my biggest profit ever, so far. I bought an ugly old strip mall just at the edge of downtown (in one of my two cities) about 4 years ago, and sold it last July for almost 9 times what I paid for it!! That is like earning 750% interest after I took out my expenses!!! Before that deal, the best I had ever done was a 400% return. I usually get between 25% and 50% return on my investments, depending on how long I keep the property (usually, the longer you hold it, the bigger the return, you just have to watch expenses because they can eat the return) That's a pretty healthy average--better than most--but it is really cool when you make a truly awesome deal and hit triple digit returns.

Caroline - posted on 04/05/2015

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Thank you! That's very helpful! I've been thinking about the real estate route. Did you have to go to a special school or get certifications?

Ledia - posted on 04/04/2015

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I work from home, and I am not a soliciting a "work at home and make thousands" scheme.

It isn't easy, but it can be done. I am an investor--I buy commercial real estate and either lease it out or resell it later for a profit. I don't fix it up or "flip" real estate, I just buy early in areas that I know will prosper, then sell once other development has begun and the value of the property has risen. You can make more if you fix a place up before you sell, but that takes a lot of time and extra capital, and I wouldn't be able to work from home.

I have other friends who work from home in other professions. Some homeschool, most still are not able even though they are working at home--work is just too time consuming. One homeschooling friend is a lawyer--she had to cut her living expenses TREMENDOUSLY, but now she is able to work about 6 months of the year and take the other 6 off to school her child.
I have two friends who are writers, they work from home, and their children are homeschooled, but they pay teachers to come in and do the actual teaching because their schedules are just too demanding to keep a good routine going.
I have another friend who is a tax accountant. Her husbands income covers most of their expenses, but she only works during tax season--Feb 1-April 15--and makes nearly half what her husband makes in a whole year. The down side is that the kids end up taking "summer break" during tax season, so they don't get many family vacations together because she has to make up for lost school time over the summer.

~♥Little Miss - posted on 04/01/2015

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Hi Caroline and welcome to CoM.

This site is for mothers to give and get advice concerning parenting, and other life issues. But, we do not help people find jobs, or supply resources. This is an international site. Also, the only kind of advice you will get in here, is people who are soliciting which is usually fraudulent. I hope you find what you are looking for. Best bet, google employment opportunities for your area. This kind of posts encourage solicitors, which we work really hard to keep from posting to this site.

~WtCoM MoD LiTtLe MiSs~

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