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Updated over 8 years ago,
Critique my Real Estate Goal
Hey guys!
I'm new to real estate and have established my goal and was curious if you guys would give me feedback. Is it specific enough? Not realistic?
My goal:
Build a passive and scalable business. So I put in work and am able to replicate it over and over to grow. Long term goal is the ability to replace work income for my wife and I. A diversified business, multiple income streams, being as vertically integrated as possible where I can control every step in the process. (Example when buying multi families own the broker, the finance company, the contractor, and the property management) this will allow for economies of scale. Also allow those entities to do business with others increasing opportunities for partnerships and increasing revenue.
I know this is lofty and will take some time, but the first step is setting a goal.
Thanks for the feedback.