Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated about 8 years ago on . Most recent reply
![Justin Raddatz's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/698247/1695952159-avatar-justinr96.jpg?twic=v1/output=image/cover=128x128&v=2)
Seeking Feedback: Starting RE Portfolio w/ Time Constraints
Like many folks, I desire a future of financial independence. However, I want to give special consideration to the time demands of building a portfolio.
For folks who have completed more than a few deals, I would love your candid feedback regarding whether or not it makes sense for me to step into the game given my resource constraints. A few highlights below to frame the situation:
- I am in my 30s, married, with our 5th child on the way.
- My learning curve is shorter than most: I work full time W2 developing for and managing a 1,500+ unit low-income housing portfolio.
- I have access to capital (initially up to $75k friends and family, up to $40k of my own). My private money network is much bigger after proof of concept with the first deal.
- The "Why" attached to my reasoning for considering RE is to create time, flexibility, and funds so that I can be present and participate in my family the way I want.
- I need to ensure I make family time a current priority, even during the initial stages of building a portfolio. Until I am financially independent and can leave my W2 position, at the very most I could commit 4-6 weekday daytime hours, 3 late-night hours each night, and 3 hours each Saturday.
Again, if you are a seasoned investor and recall the demands of getting started, would you advise someone like me towards or away from jumping into the RE game given my conditions?
Thank you.