{"id":6469,"date":"2023-10-08T11:47:28","date_gmt":"2023-10-08T11:47:28","guid":{"rendered":"https:\/\/www.feeta.pk\/blog\/?p=6469"},"modified":"2023-10-08T11:47:28","modified_gmt":"2023-10-08T11:47:28","slug":"why-software-engineers-should-invest-in-real-estate","status":"publish","type":"post","link":"https:\/\/www.feeta.pk\/blog\/why-software-engineers-should-invest-in-real-estate\/","title":{"rendered":"Why Software Engineers Should Invest in Real Estate?"},"content":{"rendered":"
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You cut your teeth as an engineer, developing everything from simple applications to complex distributed systems used by millions of users. Maybe you work for one of the FANG companies (Facebook, Amazon, Netflix, Google), and make six figures.\u00a0<\/span>You\u2019ve been thinking about investing in real estate for some time, but you\u2019ve held off because you believe there\u2019s a high barrier to entry. <\/span>Software<\/span><\/i> is your world. You don\u2019t have extensive knowledge of real estate.\u00a0<\/span><\/p>\n

What\u2019s more, you work 60+ hours a week, and because of the amount of work, you don\u2019t have time to study all the various ways of achieving financial freedom. So, you end up investing in stocks or crypto \u2013 and here lies a waste of capital allocation for software engineers.\u00a0<\/span><\/p>\n

Let\u2019s face it: You didn\u2019t land where you are today because you\u2019re incapable of learning something new and complex. In fact, your expertise, attention to detail, and higher-than-average income make you the <\/span>perfect<\/span><\/i> candidate for real estate investing.\u00a0<\/span><\/p>\n

I decided to write this article to help techies like myself achieve financial freedom through real estate investing. And not only techies. This article is definitely one to read if you\u2019re an engineer, product manager, designer, investment banker, sales manager, or another high-income earner.\u00a0<\/span><\/p>\n

Are you playing baseball in golden handcuffs?\u00a0<\/span><\/h2>\n

What do <\/span>baseball<\/span><\/i> and <\/span>golden handcuffs<\/span><\/i> have to do with software engineers getting into real estate? You may not realize it, but most high-income earners like you are in a very sticky situation.<\/span><\/p>\n

Employees stay with the same company for a variety of reasons. Exciting work. Thrilling challenges. Industry prestige. But of course, the <\/span>main<\/span> reasons they stay are the benefits: excellent base salary, stock, health insurance, and matching retirement plans.\u00a0<\/span><\/p>\n

All these exceptional benefits are \u201cgolden handcuffs.\u201d They\u2019re the juicy perks that encourage high-income employees to stay right where they are instead of seeking new opportunities.\u00a0<\/span><\/p>\n

Here\u2019s where software engineers, golden handcuffs, and baseball players collide\u2026<\/b><\/p>\n

In large tech companies, software engineers can count on multiplying their total compensation by 1.3 every time they\u2019re promoted to the next level. Let\u2019s say you work for one of the FANG companies where compensation is pretty high:\u00a0<\/span><\/p>\n