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- Oct 24, 2007
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QUOTE (JNB @ Nov 12 2010, 01:50 PM) What would you say the magic number of properties you seeded on your own before you manage other`s seeds to plant in your dirt?
There is no magic number but it shouldn`t be zero... I mean you can start trying to raise capital owning zero properties and no track record and see how you do. Then buy one yourself and see how you do, then if no success try again with 2, then 3...
You don`t want to hold back your business but I think you`ll find you will have a lot more success when you can show that you can responsibly manage the investment and property.
There is no magic number but it shouldn`t be zero... I mean you can start trying to raise capital owning zero properties and no track record and see how you do. Then buy one yourself and see how you do, then if no success try again with 2, then 3...
You don`t want to hold back your business but I think you`ll find you will have a lot more success when you can show that you can responsibly manage the investment and property.