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Updated about 5 years ago,
Thinking I should be doing more.
Hello,
As I have been listening to the bigger pockets podcasts lately there are two things I am picking up on. As a newbie concentrate on one real estate strategy on one type of property.
I have also been hearing the market is amazing and that now is the time to start a business. That way you can have the extra capital to invest even faster when the economy does turn.
My family of four and I just sold our house and bought a house hack that I am in the middle of remodeling. I changed jobs shortly after. It's a great W2 job that allows my wife to stay home with the kids. The job is good but doesn't give much in the way of extra income. We also just bought our first BRRRR deal through some creative financing and are in the middle of finding a great tenant.
All that being said should I really be thinking about trying to start a business? Or should I just be patient, network, and work on getting more BRRRR deals?
Sorry for the odd question but I would like to hear from people that may have started off in a similar situation.
Thanks in advance.