- Joined
- Jan 9, 2008
- Messages
- 196
I am realizing that i have come to a point in real estate investing where i have hit two ceilings.
A) Just enough cash flow to cover the risk factor, debt and expenses. No more funds to upgrade properties.
B) The time factor: I am only one person! I do what i am able to do with upgrading properties putting in my own labor and contracting the rest. I am starting to lose ground with what i wanted to accomplish before winter sets in.
1. I can always try flipping properties in the portfolio to continue a slower journey in real estate investing which is the course that i am on right now. A wholesaler.
2. I can do joint ventures. I find it hard to find a jv investor and every other real estate investor seems to be looking for them as well.
3. There is the taking on a partner option. (Most seem very shy about going this route. Too many horror stories out there i guess.) In most cases it is always better to run your own show.
What is the best way to continue the journey from here? Would like to hear from those who have passed by this way!
A) Just enough cash flow to cover the risk factor, debt and expenses. No more funds to upgrade properties.
B) The time factor: I am only one person! I do what i am able to do with upgrading properties putting in my own labor and contracting the rest. I am starting to lose ground with what i wanted to accomplish before winter sets in.
1. I can always try flipping properties in the portfolio to continue a slower journey in real estate investing which is the course that i am on right now. A wholesaler.
2. I can do joint ventures. I find it hard to find a jv investor and every other real estate investor seems to be looking for them as well.
3. There is the taking on a partner option. (Most seem very shy about going this route. Too many horror stories out there i guess.) In most cases it is always better to run your own show.
What is the best way to continue the journey from here? Would like to hear from those who have passed by this way!