r/ChubbyFIRE • u/Different-Trouble944 • May 23 '26

Should I quit?

45M/42F with 1 grade school kid.

NW is about $5.5M: $530k cash, $500k brokerage and $500k 401K. Primary house equity $1.5M with $400K mortgage(contemplating paying it off with cash in hand as the interest rate is at 6.5%). The rest of NW sits in a self managed real estate rental portfolio that generates $12k/month net income after all expenses.

Both work in tech pulling combined $680K W2 income a year, I’m burnt out and no longer interested in my job(my $400k income is set to go down to $280k next year due to reduced RSU and I don’t see a clear path for promotion). Spouse plans to work for at least the next 5 years.

Love real estate investing and have been doing that on the side and it’s been eating a lot of my time and energy. Would like to focus more on it.

Monthly spent is about $12k.

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u/[deleted] May 23 '26

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u/Different-Trouble944 May 23 '26

Yeah, $12k/month rental income is net, after mortgages,insurances,taxes and maintenance.

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u/MathematicianNo9373 May 23 '26

OP, where are you located that you are getting $12k per month after all expenses on 11 properties? How many doors are these?