A one word question but so important. "Why?"

[Franklin Curry Jr]

Hello BP Community!

As always I have been soaking up the podcast from BP every chance I get and an interesting question always comes up. It's an easy question but also missed by people starting out. That question is Why? A one word question that is so deep in meaning. There are going to be challenges, road blocks, nay sayers and skeptics. So, "Why" do any of this!? 

The more I thought about this question the more clear it became to me. My, "Why" has to do with my family. I work in IT (Information Technology) and enjoy my job most of the time but what I don't enjoy is the time it takes away from my family. I have a lot of obligations inside and outside of work and had to learn to cut back but mostly I want to be there more for my wife and kids as well as my aging parents. As they get older the health starts to decline so I don't want to trade my time for dollars at my current job. 

If done properly Real Estate can provide a lot of options that often aren't available to many people. The most important option for me is TIME! Time to spend with loved ones and time to build meaningful relations with old and new friends. With this in mind I have decided to invest in buy and holds and possible live in flips starting out. We'll see how well that goes with young high energy kids trying to do live in flips. To start we are downsizing our current house and invest in a duplex that we can bring up in value with a rehab then rent. Maybe repeat the process again for the next investment as we build our portfolio. More will become clear as we move forward but we have to start somewhere and at this stage in our lives this works great for us.

So what about you?! Do you know your why? If not I suggest you take time to figure that out. It will be hard to make the right decisions in your real estate career without knowing this but once you have it nailed down every decision you make should always be tested against your, "Why". This will be a great way to make sure you are on the right path you have envisioned. 

I wish you all well and will see you around!

Frank