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Updated over 6 years ago on . Most recent reply

User Stats

71
Posts
42
Votes
Alyssa Paros
  • Rental Property Investor
  • Johnstown, PA
42
Votes |
71
Posts

Am I wasting my time with an MLM?

Alyssa Paros
  • Rental Property Investor
  • Johnstown, PA
Posted

I have been involved with an MLM for a little over a year now. I am mildly successful, bringing in about $300 a month with a monthly expense of $100. This is prior to taxes. To get to the next level, I'd really have to amp up the time I'm spending on it. I currently spend about 6 hours a week on it. But, we invest in real estate and it feels like it is just such a better vehicle for wealth. We've gained 8 units that all follow the 2% rule in the past 18 months. I have learned several invaluable skills like marketing, sales, and the power of social media by being involved, but I'm not sure it's worth my time, especially still working full time with a toddler and plans for #2 soon. Should I continue to pursue it as another avenue of wealth? Or should I not worry about it and focus solely on real estate? 

Has anyone used an MLM to springboard further into real estate?

I should add, it's a bit sticky as my up line is one of my best friends and I'm one of her largest legs.

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