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Updated almost 3 years ago, 02/27/2022
Maintaining Wealth through REI
I recently came into what I would consider a life changing amount of money from the sale of my business. Instead of sitting on it for years to come, I want to put that money to work in the real estate market in my own backyard.
A lot of beginner articles/podcasts are all geared towards saving money or getting started with little to no money. If I have already conquered that step, where is the best place to start that will create the cash flow comparable to having a job? My background is in business so I have no problem with the work that comes with managing a portfolio, searching for and analyzing deals, building a network.
ALSO
This may be a corporate/employee mindset type of question but as an investor how do you pay yourself? Where do you draw the line from what do I deem is mine/what should go to my personal checkings account and what should be reinvested and grow my business?