Full time Mom Strategy

[Audrey Spina]

How do you invest when you have two hours a day to yourself? What would you do if realistically you could only work while baby naps? Pre pandemic we planned to start investing, started saving, analyzing deals, getting pre qualified etc. I found out I was pregnant two weeks before shutdown and ended up shutting my business down for 5 months, lost basically my entire income, etc. 

But I’m anxious to get back to a plan even though my income has taken a hit, we still have tons of savings. But TIME! I have so little.

So if you had minimal time but were ready to invest, what would make the most sense? STR? Long term hold? We live in NYC so absolutely no house hacking or STR here, anything would likely be out of state or definitely not within a couple of hours. We plan to move back to CA in a year so I want to do something now while I still own and operate my business. Thanks for your insight, mom life can be relentless!

[Audrey Spina]

Originally posted by @Kaja Baum:

@Audrey Spina

Long term rentals should definitely be least time intensive. Consider a turnkey someplace with high cash flow like Buffalo or lots of Midwest cities.

At the end of the day, long distance investment is mostly a series of phone calls, e-mails, and studying the market, all which can be done while taking baby for a walk or during nap times!

And listen to as many audiobooks and podcasts while doing all of your house chores. 2 hours a day will get you a long way. Analyze some markers, call some lenders, then some agents, and you’re on your way.

Hope that helps!

 Thank you! Yes there are some great suggestions here and I try to spend those couple of hours on my phone doing some research, reading the forums etc.