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Updated over 7 years ago,
Real Estate Strategy 80/20
I believe in having a diversified portfolio when it comes to investing. I'm currently 23 and trying to make the right decisions to set myself up for my ideal lifestyle cost. I know I need to make $2700 a week to fund my lifestyle which includes 5k into savings monthly. I currently make that with my business, but only because of a high amount of time and energy. I currently have 30k I want to invest into real estate along with 5k a month to add to it (as of right now.) My question is, what 20% of investing strategies should I use to bring me 80% further in my RE portfolio (I'm starting at 0)
Should I become an investor? Should I become a lender? A landlord? This is a question more from a time and energy standpoint. Thank you.