A car salesman in Florida cashed out his 401(k) for real-estate school while drowning in Mustang payments. Selling a used Porsche to a wealthy realtor from The Villages showed him what real money looked like: cash purchases, huge tax returns, flexible hours. He decided to leave the dealership.
So I took out my 401. I did. I know a lot of people are against that, but even because I was young, single, I didn't have any dependents. So I just was like, okay, I want to go back to school. And so I took my real estate class and I had a good cushion. And this is the thing, as a car salesman, I got like a Mustang at the time. And so I had a high car payment. So I was a young guy just living my life here in Florida, but I decided to try to kind of transition. So I had Sold a car to a realtor over in the Villages, like the retirement community, and her tax return was like $300,000 or when she filled her credit out. And I was like, teach me what you do. She bought a Porsche cash. We had like a used Porsche. She bought her son a new truck. And so I ended up delivering her that Porsche, but just learning from her and being with her family and driving around. That was like my first deal off, or one of the deals off of the dealership. So I was in the Villages delivering a Porsche. We're getting lunch, she's buying me food, she's like, thank you. So just that culture of handling deals outside, I knew I need to make that transition. I was like, okay, it's possible. I don't have to be here 12 hours. But that's when I started to make mental notes.
