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Updated about 4 years ago on . Most recent reply

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19
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8
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Rafael Frias
  • Wholesaler
  • Tampa, FL
8
Votes |
19
Posts

What’s your end game ?

Rafael Frias
  • Wholesaler
  • Tampa, FL
Posted

What’s your end game ?

Studying and learning real estate can be both fun and frustrating at the same time!

I learn In the last couple of years in the real estate game that you have to have an end game !

For example you don’t make money when you sell your property’s you make money when you buy !

So what’s your END GAME for your real estate business ? I believe having an end game is what keeps most people motivated to stay in the business!

So what’s your END GAME?

Most Popular Reply

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Replied

I like this question.  My end-goal is to be out of the "rat-race" by 12/31/2024.  Start the year 2025 with no job, and no need for one - for the first time in my life! I am on track to reach that goal. My current cashflow covers about 54% of my expenses now, with a number of rental properties and other investments, and a plan to add 4-5 more single family home rental properties next year. I have an Excel chart on my wall of my monthly cashflow I've been building over the past 7 years, and a projection of what I need to do for the next 4 years, graphed out visually.  It's inspiring to look at it and realize "I'm on track!" I mean, if I made it half-way out of the rat-race, I can get the rest of the way out! Right?

Realizing that real estate investing is so much fun, I'm sure I will keep at it after retiring. It just frees up my time to do more service work that I really want to do, instead of spending the best hours of every work-day working for someone else's business.

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