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Updated about 16 years ago,
Part Time Investing
Are there any successful investors out there who don't do it full time? I'd like to start acquiring properties that I can rent for positive cash flow and hold them long term. I've spent some time with a realtor looking at properties on the MLS. I assume there is a lot of competition here as the few "hot" listings that I have seen sell within a week. I own another company (non real estate) that keeps me busy so I can only realistically spend about 10 hours a week on real estate ventures. It seems like buying from a wholesaler could be a good option as someone else is doing the leg work of finding the place for me. The only drawback with that approach is that I would need to find someone I can trust and do business with.
Any insights are appreciated.
Thx