Trader contemplating RE Investing

[Joel T.]

Hi all,

I will probably struggle to explain my personal situation so bare with me, as it's not a conventional one. I come from the other end of the "financial freedom" spectrum. I am an retail equities trader who manages his own portfolio. It doesn't take many hours of the day, most of the time I am done within the first 1.5 hours after the bell. 

To keep up the rest of the world, and so my traditional "professional" skills don't get rusty, I work remotely for a software company. I have a decent amount of freedom in how I structure my time, and have been recently thinking about transitioning some capital to real estate. 

Similar to people trying to figure out how to profit from the stock market, I am trying to figure out how to profit from RE.

It's not very apparent to me what would be the best ROI for me. I am leaning towards investing outside my city, where I can buy more property for less. Buying and renting multi-family homes seems like the direction I am leaning. I don't think I am interested in flipping, as I am looking to create long term wealth through RE.

Transitioning to RE is a tough one from my perspective as the amount of income I see the average person generating monthly is what you can produce in a day in the markets, but I am attracted to the fact of an entirely different income stream, that is reliable and which could also be sizable if done correctly.

I am looking to network, watch and listen on BP before I pull any triggers on deals. I welcome any comments, advice or questioning. 

Thanks for building this robust community!

J