Taking real estate investing skills to the next level + looking for partners/mentors/mastermind

[Andy K]

Hello everyone,

I spent quite some time thinking about this, but when I could not come to a conclusion, I thought about posting this on the forum. I am an (experienced) real estate investor, been investing in Single Family rentals for the past 5-6 years in So Cal. I am still learning everyday through experience during property acquisition and also managing my rentals. But I can say now that I am comfortable investing in residential real estate.

Having done this for a few years now, I have been thinking of taking my investing skills to the next level. That could mean investing in types of real estate that I have not done before or don't have much knowledge about right now. I read in an article that after acquiring the right skill-set, the time and effort spent in a $100K acquisition maybe the same as a $1 million acquisition, but the profit will be larger in the latter as long as it is done correctly (small as well as larger investments require similar time and effort most of the time, but the dollar profits are bigger in the larger investment).

I would like to hear from other more experienced investors on what they did after investing in residential real estate for a few years. Did you move on to commercial real estate projects (like apartment bldgs, mobile home parks, office space, etc)? And how did you gain the skills to move to the next level? Any advice on what I could do next? I am sure there are several others on the board facing the same question as me regarding their next steps and investing career growth.

Also, I would like to know if folks in So Cal (or from anywhere else in the country) would be interested in meeting up to discuss investing ideas and maybe forming a mastermind group and partnering together to learn about and then take on larger projects.

As always, your thoughts and any advice is greatly are appreciated. Thanks for your time.