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Updated over 4 years ago,
KC newbie seeking wisdom
Hello everyone,
I am having a devil of a time trying to come up with a plan of action. I’m a 37 year old carpenter in the Kansas City area. I’ve recently concluded that I must increase wealth for the sake of my family.
Do I remain with my current employer to better receive traditional loans to begin investing, and slowly begin accumulating rentals?
Won’t I hate being a landlord? I always hated my landlords.
Do I throw caution to the wind and start flipping houses with our savings and later rely on “creative” financing?
Do I start a handyman business that caters to investors, and through that gain knowledge into real estate investing?
Are there other REI opportunities that I'm just not aware of? I don't think I'm interested in being an agent. Could I join a syndicate in the purchase of a large apartment building? Should I try to flip vacant lots?
How can I narrow down the options?
How can I realistically maintain a healthy relationship with my family while working full time and hustling real estate on the side?
I have so much anxiety around this whole thing.
Thanks for letting me vent. And thanks for any advice.
Brandon Brown