Boston Investor Struggling to Start

[Jacque Mihovk]

Hi BP Community,

I’m a “new” investor and find myself in an in between phase that seldom gets talked about on the podcasts or in the forums. I have professional exposure to commercial real estate investment but have not done any deals personally. I’m established in my career and not looking to make RE my full time but I don’t have a ton of capital and I enjoy modeling and underwriting and being hands on with management so the passive/syndication route isn’t an option. Additionally, house hacking isn’t an option as I have 3 young children. 

I feel like my best route to getting started is by working with partners or private lenders given my current available capital. However it’s hard to get that ball rolling without any deals under my belt even though I do have experience with managing a syndication and property management through my professional career. 

I get very excited about investing and see it being a large part of my future. I’d love to have real estate provide some financial freedom/flexibility and create a portfolio that I could eventually get my kids involved with and pass down to them, but I end up feeling frozen/stuck based on the factors above. 

I know I need to find a way to start taking action but don’t quite know what that is right now, I’d love to get some feedback/thoughts on what those next steps should look like. 

Thanks in advance for your help.