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bityardHNSource author
Business & incomeExperience excerpt · English

4

… 4. Real estate investor. Lots of people get surprisingly rich from this. But it is a lot of work. The idea is pretty simple: buy a run-down house at a discount, fix it up well enough to rent, re-finance it to get your money back out, and then you effectively have an income-producing property for free. Take that money and go do the same on another one. The problem with this is that the devil is in the details. Every deal is different and unless you're lucky enough to have a mentor willing to share resources and vet your deals, you are GOING to mess it up. I tried this and it didn't work out for two big reasons: 1) I can stay on top of projects, but running all aspects of a business myself is not for me. And I could not find anyone that I trusted to partner with. 2) The sudden large increase in interest rates in the middle of my rehab meant that refinancing was not a viable option. I was forced to sell the property after it was done. I broke even monetarily, but gained a lot of wisdom. …

Original discussionQuitting engineering to pursue art full-time155 source comments · at import
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redbellHN

If I were to transition from software engineering, I'd prioritize a role that meets the following criteria: 1. Minimizes screen time and doesn't rely heavily on computers for productivity. 2. Allows me to disconnect after work without constant notifications or calls. 3. Offers stability, requiring minimal adaptation to new trends or technologies. 4. Lastly, and more importantly, not easily replaceable by AI in the near future.

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twojobsonebossHN

I think if most disgruntled devs put honest thought into it like you did, they would reach the same conclusion, I certainly did, esp with a family. I have also started to try getting more aggressive with investments

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RussianCowHN

I started a side business making custom craft cocktails for events (mostly weddings). It's a stressful job, but mixology is a passion of mine and so it doesn't feel nearly as much like work as my 9-5. I'm still in the early stages and learning a ton as I go, but I'm hoping to streamline my processes and raise my prices/margins enough to make about $80 per hour, which would be enough to allow me to go part-time with software engineering and give me much more free time overall while still earning enough to cover costs and save.

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InitialLastNameHN

> Aircraft mechanic. I have family in this field; not only is the pay not great (for the skill level) but there is a layer of stress (and liability) that gets added to jobs where one mistake can mean death for someone else. I wouldn't jump into it without being sure that stress wouldn't affect me.

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