Are you an entrepreneur or a consumer❓

[Justin Goodin]

➡️Everyone in here already knows this:

Entrepreneurs use their money to buy cash flowing assets or investments that produce passive income 📈

How did you stumble upon real estate?What was your first real estate investment?

For me it was buying a single family home on the west side of Indianapolis. We all have a mindset to start small and take less risk. When a person wants to get into real estate, the first thing that comes to mind is buying a SFH or flipping a house.

Real estate sounded interesting so I dove right in and just bought a SFH. I did some basic analysis but really just dove right in without really knowing what I was doing.

It was a fantastic experience! Even this little SFH has been a fantastic, cash flowing asset that I never plan on selling.

Immediately after buying this SFH, I was addicted. A couple months after this, I read a book about multifamily syndications and have never looked back. I am now on another journey to invest into larger assets but everyone starts somewhere!

[Damaso Bautista]

@Justin Goodin

Great topic! Like anything in life nothing is clear cut.  I am a consumer of real estate.  I just like to spend my discretionary funds on real estate.

I don't spend my money on fancy cars, lavish vacations, country club golf and tennis memberships.  But I have no problem spending my money on houses or real estate.

It just so happens that owning property in Los Angeles county over the past 27 years has made me a good amount of money, mainly through appreciation.

So am I an investor or am I consumer.  I would call myself a consumer.  

Just my two cents.