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Updated about 4 years ago,

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2,458
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Lynnette E.
  • Rental Property Investor
  • Tennessee
2,400
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2,458
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So you met your WHY? Do you keep on investing, change your why?,

Lynnette E.
  • Rental Property Investor
  • Tennessee
Posted

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?

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