Jumpstart Philly Real Estate Radio Show
Hoan Thai: I Escaped My 9 to 5
If you’re working a regular job and have ever dreamed of leaving your 9 to 5 going into real estate full time this interview is for you.
Hoan “Houdini” Thai has a story that many of us can relate to. Hoan is a Philly-based investor with three main focuses. His foremost specialty is finding and acquiring cash-flowing investment properties in emerging neighborhoods,. He also is a private lender and he helps other real estate investors just starting out by offering in-depth coaching, training and networking through his website and Facebook group called “I Escaped My 9 to 5” so they can make their way in the real estate investing world.
After Hoan graduated from college with a degree in engineering, he knew the very first day on his first professional job that he wasn't cut out for a conventional job working in a cubicle. He aspired to do something more entrepreneurial and real estate fit the bill. Unlike a lot of other entrepreneurial ventures where there are too many variables outside of one's control, real estate comes with a pretty straightforward roadmap, if you're willing to follow it and you know what you're doing. He liked the fact that once he knew how to analyze deals and source information to make well-informed buying decisions, the process was one he could "rinse and repeat."
"When I saw that there’s the roadmap I can confidently use to do this, that was the difference," he says. "That was what caused me to escape. With real estate the answers are super clear. The roadmap was super clear."