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Updated almost 2 years ago,
When to change lanes… If ever?
So I have been investing in single-family houses for over 20 years now. In about a year I’ll be 50. Technically I don’t have to buy any more houses at least from where I’m standing I live modestly from my perspective, As with most things, a persons cost-of-living can go up, as well as the fact that inflation has been on the rise.
I have really been having some thoughts about am I still doing what I’m supposed to be? Am I supposed to change asset class or hang up the tools altogether? Do I need to be retiring from real estate in order to do more faith base work etc? I’ve heard about the shiny object syndrome for a long time and to the most part I’ve stayed in my lane for all these years and supported my wife, children as well bless our Church. My oldest son seems to think I’ll get bored If I don’t keep buying real estate.
I’m not sure how much input will come from this topic, whereas most people here are newbies, but I assume there are some people that have been in the real estate game for many years and have change lanes to some degree and have insight. Also, if changing lanes is simply tiredness on my part, or shiny object syndrome, then that might not be the right path either. curious to hear the thoughts of others.