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Updated over 10 years ago on . Most recent reply

User Stats

217
Posts
63
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Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
63
Votes |
217
Posts

Buy and hold investor looking for another business model

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

Right now I have a property. Buy and hold using your own money is great, but it's slow. I really like RE and I'm trying to think of ways I can get more involved.

Here are my thoughts:

Property Management - I would find this very stressful and have even outsourced this on my own property

RE Agent - Sales personality, not for me

Manage other people's money - Takes time to build a track record. This is a possibility. But it would also require connections.

Bird dogging/wholesaling - I don't really find this appealing.

Flipping - I have a full time job. I don't find this appealing. right now. It's very competitive in my area, with lots of cash buyers. 

Guru - haha

Can anyone else think of another model I'm missing?

Most Popular Reply

User Stats

1,642
Posts
779
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John D.
  • Rental Property Investor
  • La Quinta, CA
779
Votes |
1,642
Posts
John D.
  • Rental Property Investor
  • La Quinta, CA
Replied

Your very focused on what you don't want to do. What do you want to do? What are you good at? Do you have more money or time? What skills would you consider assets?

Focus on what you can offer, then the role that suits you will be more apparent. It doesn't work in reverse.

  • John D.
  • Loading replies...