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Updated about 4 years ago,
So you met your WHY? Do you keep on investing, change your why?,
So, I have 3 more rehabs to go, 2 are houses and one is converting an apartment house garage with a kitchen and bathroom to an apartment. After these are done and rented, my why needs are fulfilled.
So, do I stop adding more properties or keep going?
I self manage but if I add more, I really would have my personal life impacted by tenants and the business. I could hire someone to help, but then I become a supervisor.
The income is there to keep on building the portfolio. But I could also vacation more. Or just flip the money back to the financial manager for EFT, stocks, bonds, whatever. That truely is passive.
Oh, but every so often a deal pops up that is hard to resist. Then again, I do not want to create something that becomes a major job either.
I know in the end its a personal decision, but before making it I really would like to know....
what do you'al do when you have met your why?