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INTRO The nuclear option

Rokit1210

New Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jul 11, 2019
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United Kingdom
I'm in my late 20's and if I define my life in slowlane terms, I am currently a degree educated, reactor operator at a nuclear power plant (think Homer Simpson with a bit less guess work and you're not far wrong).

I am currently building a company with my business partner that invests in cheap, beat up old houses and renovates them to a good standard, quality homes to let to private tenants. They aim is to release all of the invested equity to enable the cycle to start again and the first one is nearly complete and on budget.

With my job, I earn a reasonable wage, 70-80k+ and work 4 days on and 6 days off. I actually quite enjoy my job too and get lots of paid leave, retire at 55 with a final salary pension etc etc. (People tell me I'm lucky all the time).
At work, these remuneration packages are called 'the golden handcuffs' and nobody EVER leaves.

So why am I becoming increasingly unhappy? I've thought about this a lot, particularly as I've been reading and re-reading TMF and unscripted.

I don't feel like I'm making a big enough difference to the world doing what I'm doing. I want to do more... leave a mark, make an impact, change someone's life for the better.

I want to live my own life, I don't actually go to work that much, but when I do, it's not on my terms. It sucks a$$ being sat there on Christmas day or working the night shift on new years eve etc.

I haven't had the f@ck this event yet, i know I haven't.

But my f@ck this moments are increasing in frequency and intensity. I'm having a lot recently.

For example, my boss recently changed my entire working pattern to suit him. It changed how I live my life, but I had to get used to it. Then three months later, he changed it again to something completely different which turned my life upside down AGAIN and for the worse this time. This might seem small but it's made a huge difference to my life and it made me feel like a number and not a person. Like a tiny cog in the huge machine of life. They didn't give flying f@ck about the impact on my and my families lives.

The big one for me though, is nuclear power plants don't operate forever. They stop operating eventually and it will be sooner rather than later. Our current date is the mid 2020's and that's with a favourable wind behind us.

Germany, the US to an extent and several other countries are turning their backs on the big nukes and the clock is ticking. It feels like I'm slowly sinking, a race against time. I won't be getting another job after this. F@ck that. I'm not spending years of my life learning a new role, maybe moving my family half way across the country (or even the world) to a new plant to find work. No way.

I want out, and I think just writing this intro has actually given me a lot of clarity. I've been ghosting this forum for over 12 months now and signed up a couple of months back.

I'm glad I finally bit the bullet and wrote this! Many thanks.

My plan for now is to keep building my property business and use all my free time outside of work to start aiming for that golden gum ball! I have a couple of ideas in the pipeline and I'm hoping to keep absorbing all the knowledge and inspiration I can from the forum.

The forum contributors may not even realise how much you've helped me personally so far, but you have!

All the best and looking forward to getting to know you all.
 

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RazorCut

Platinum Contributor
FASTLANE INSIDER
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I've Read UNSCRIPTED
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May 3, 2014
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Welcome Rokit1210, sounds like the combination of the thumb screws tightening and MJ's books have created some strong realisations. It's a bugger when the blinkers come off and you know you will be discontented forever until you manage to live life on your own terms where the only one calling the shots is you. :happy:

That discontentment as a strong motivator. Try not to lose it.

4 days on 6 off provides a great opportunity to build a business whilst still paying the bills that's for sure. You didn't say where in the world you are based?

Look forward to your continued contributions (now you have broke your duck) and your progress.
 

Johnny boy

Gold Contributor
Speedway Pass
May 9, 2017
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I would not be BRRR-ing real estate in a volatile, inflated market. I would be flipping moderate renovations quickly with a small budget to avoid being caught with your pants down, and to not lose massive equity. Acquire the rentals when the market is down and everyone is renting.
 
OP
OP
R

Rokit1210

New Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jul 11, 2019
6
13
17
United Kingdom
Welcome Rokit1210, sounds like the combination of the thumb screws tightening and MJ's books have created some strong realisations. It's a bugger when the blinkers come off and you know you will be discontented forever until you manage to live life on your own terms where the only one calling the shots is you. :happy:

That discontentment as a strong motivator. Try not to lose it.

4 days on 6 off provides a great opportunity to build a business whilst still paying the bills that's for sure. You didn't say where in the world you are based?

Look forward to your continued contributions (now you have broke your duck) and your progress.
I think you managed to sum my situation up better than me! I'm based in the UK.

I would not be BRRR-ing real estate in a volatile, inflated market. I would be flipping moderate renovations quickly with a small budget to avoid being caught with your pants down, and to not lose massive equity. Acquire the rentals when the market is down and everyone is renting.
I probably made it sound like a bit of guess work on my part. I'm a fairly experienced private investor but this is a new strategy with the company. I do appreciate some of your concerns and I'd be daft if I didn't see the risks. We have a long term game plan - at least a 20 year vision. I do however believe that the UK as a whole except London is just about to exit the mid cycle wobble and power on towards to explosive phase of the property cycle.

As long as Comrade Corbyn doesn't get in to number 10 then I think our plan is solid. If the worst happens we'll have to reassess, but he will be bad for all business, not just property.

Welcome :) Great first post. Looking forward to your progress in the RE business.
Cheers Rabby!


Thank you all for taking the time to reply. I'll be following your posts with interest!
All the best.
 

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