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Updated 7 months ago, 06/03/2024
Don KonipolPoster
#2 Tax Liens & Mortgage Notes Contributor
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- The Woodlands, TX
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Two Way to “Scale”. Which did (do or will) You Choose?
I think there are two ways to “scale” your real estate business or investments. (Maybe there’s more than two, if you know any others please let us know).
1- do more deals (investments, loans, etc.)
2- do bigger deals (investment, loans, etc.)
I chose bigger exclusively. I went from $25,000 loans to $100,000 loans to $250,000 loans to an average loan size of $2,000,000. On real property purchases I went from $50,000 to $500,000 to $1 million +.
Which way did you (or which way do you ) scale your real estate activities. Or did you chose to scale at all? Staying exactly as you are and doing the same thing may be the best strategy for many.
- Don Konipol
Private Mortgage Financing Partners, LLC
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