Newly Starting and...Confused.

[Brady Hurs]

I'm going to be totally transparent here.

I'm getting tangled with the "analysis paralysis". I'm learning a lot but after reading many posts and listening to many podcasts, I'm always left with more confusion. 

The answer I'm looking for is not so much "how to do this" but most so what road to go down. Here's my situation:

After being totally broke 5 years ago (has to ask a stranger for gas money once), I found $30 in my couch and started an internet business that is now doing VERY well! 

Then Uncle Sam paid me a visit to say thanks for all my blood, sweat and tears. After expensed I'm netting about $20,000/mo and I don't know which aspect of real estate to approach. That said here is my real estate "whys/wants":

• #1 Lower my tax burden.
• Get better returns than the stock market.
• To have a "mother goose" that returns cash flows household expenses after I sell the business in 1-2 years (about $8,000-11,000/mo).
• Have a management company run everything. I want to own not run.

All this said, what aspect of real estate would you go down? 

Thank you so much in advance. I wish I could contribute more on BP but I literally don't know what I'm talking about. I'll defiantly share my future "mistakes/learning opportunities". 

[Chris Grenzig]

Brady Hurs I would have to agree with Joshua Fulenwider on multifamily. There are plenty of ways to lower your tax burden through multifamily investing. Most of our investors are high net worth guys who are trying to lower their tax burden and have cash flow come in on a regular basis. I'd recommend digging deeper into that avenue and if you think you can manage it yourself, then go with that, or look for an investment firm or syndication that can keep you as a passive investor; allowing you to focus on your business. Hope that helps and if you have any questions feel free to reach out!