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Updated about 5 years ago,

User Stats

154
Posts
81
Votes
Timothy Douglas
  • Realtor
  • Austin, TX
81
Votes |
154
Posts

What is the best way to spend your time?

Timothy Douglas
  • Realtor
  • Austin, TX
Posted

Hey guys! I will be making $3,000 a month in passive income by May 31st, 2021. I'm deciding to dedicate twenty hours a week to Real Estate. I want to know how you guys allocate your Real Estate time. I don't have a team, a deal pipeline that is working (I am starting a direct mail marketing campaign in January), any idea of how to analyze properties quickly (it seems information is needed that I can't obtain until I'm under contract), or a lot of capital behind me. I want to accomplish the passive income through multi-family properties, ideally apartments that are 20-50 units. I will also be wholesaling other deals I come across. I am planning to spend 5 hours a week educating myself, 3 hours a week networking, and then the rest is unplanned as of right now. I don't know where I should focus my time, so where do you guys? What 20% of work produces 80% of your results? All responses are appreciated!

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