How do you know it’s time to leave your W2 job to focus on your real estate business? What are the things you need to do to know that you are ready to take on this journey? Today, our returning guest Pam Scamardo of The C.R.E.A.T.E Wealth Network talks about her journey in this space and why she left her career as an aerospace engineer to become a multifamily investor full-time.
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Pam starts by sharing the hardship of changing careers and overcoming that with the support of people around her, especially her spouse. She also talks about mentorship – how to find the right mentor, how you know you need a mentor, and the quality of a good mentor. She then discusses when she knew she need to leave her W2 job, how to overcome fears and doubts, as well as the kind of properties she’s buying and looking for. Click the play button now and enjoy the show!
Key Points From This Episode:
- Pam shares how she transitioned from being an aerospace engineer to a real estate entrepreneur.
- The importance of loving what you do.
- The role of your spousal support in how you can achieve success.
- What to look for in a mentor?
- Why it is important to have passion in what you do?
- How did Pam know that it was time to leave her W2 job?
- Why do you need to start your journey today?
- Pam’s best source for meeting new investors right now is social media.
- The metrics that Pam tracks personally and professionally.
“When you embark on this journey, your closest circle is usually not that supportive. They’re like, ‘what is going on with your brain?’”
“The magic ingredient in that (pursuing a career) is the passion.”
“You can have more than one passion and luckily, I found that in multifamily investing. It wasn’t just the money. So, I think that the key thing that we’re touching on here, Whitney, is that you have to love what you do. When you love it, it just radiates outwards.”
“You have to find the right fit. We’re not everyone’s cup of tea.”
“We win more together.”
Links Mentioned in Today’s Episode:
About Pam Scamardo
Entrepreneur Pam Scamardo is the Founder of The C.R.E.A.T.E Wealth Network – the #1 free educational resource for commercial real estate investing. Officially “retired”, Pam is a mother and wife who discovered the benefits of passive income after realizing she did not need to be a millionaire to begin investing in commercial real estate. An aerospace engineer by trade, having been employed by Lockheed Martin, Boeing and UTC Aerospace, Pam made a career pivot almost 10 years ago and founded her first company TPK Properties. The organization has successfully syndicated properties for investors in California, Arizona, Oregon and Washington with the current portfolio valued at over six million dollars. She is passionate about helping others achieve “job optional” status through commercial real estate investing and wants to empower men and women along their journey to financial freedom.
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