Twisted mind about Focus

[Rikard Lorén]

Currently i am in school to be a Real estate manager. I got 2 years left and is currently saving money while going to school.

I see so much of "start your dropshipping/shopify" and start to earn 2 k per month in 90 days, tik toks where people show "this is my monthly earnings after 6 months of dropshipping/shopify/affiliate marketing/ecommerce/stocks/trading" -->shows income/earnings of 40.000/high numbers<--

So in my mind i feel like i could have sooo much money if i started a online business/onlineshop while studying. At the same time, my goal and what i like is real estate and that is what i want to build a empire on in the future. Where should i put my time/focus?

I feel that if i start a business i could then earn much money once my business starts to get going and i will have a nice/good engine to provide cash for the real estate  investments. At the same time I feel that i should give ALL focus to real estate so i know as much as possible so when a chance comes in front of my mind/eyes, i won´t miss it because i know what to do/read the situation but at the same time, my mind goes back to "but if you start a affiliate business you will have high cashflow each month  and get faster to your goal. If i would use ALL my time on real estate, i also see myself getting faster to my end game goal because i by then know much so i won´t miss a chance when it´s presented for me. I think the feeling i have is that i´m missing out on money from a business income if i focus on real estate all the way.

Can someone share their thoughts where they would put their focus and mind if they were in my shoes/in my place ?

[Rikard Lorén]

Hi!

@AJ Shepard

Yes, Property Manager, thanks for filling in the right word AJ.

To become a real estate agent in sweden it seems that you have to go in school for about 6 months to a year depending on the speed of your studies, and then you have to work at a certified real estate agency for 10 weeks before you are "done" and can start working as a real estate agent, i'm unsure if this is 100% true ( just googled it ). Selling has never been my call.

I'm unsure, I guess the goal is to become a investor myself and be in the deal from the beginning. I'm just thinking about if I syndicate deals later on and take a 10% equity place once the investors have their money back, won't I "take %" from myself if I invest along side with them in the beginning? 

Example 1: 9 investors @ 11.1%, once they have their investment back, my business takes a place as equity partner and recieve 10% of the deal. Now the investors have 10% each and my business has 10% equity in the deal.

Example 2: 9 investors 11.1% ( including me ), once they have their investment back, my business take a place as equity partner and recieve 10% of the deal.
Then my 11.1% drops to 10% because we have another equity partner ( my business ). Therefore I "steal/take %" on the deal from myself ( and the investors ). I'm missing something ?

The plan is to start to invest during or once I finish school/education. Once I have some investments up and running for around 2-5 years I can show how I bought them where they were and where they are now ( performance ) and how much they cashflow. I then present a businessplan and show them what the next project will be about. I was thinking targeting business people / meet them at events and so on as primary investors.

That's the reason I went to school/education to learn about real estate and how it works with laws and so on here in Sweden. The plan is to work at a good/bigger company that today own what I want to set sails on. At the same time as I'm working, I will use what I learn at the company and use it private to build my own business side by side of work. 

It seems like there are many Real estate investors in the U.S.A, not alot of them in Sweden compared at least or I haven't looked hard enough, will try to find a mentor in the future if I can find someone.

Thank you for your thoughts, AJ


@Matt J.

Main thought is to have it as a engine to provide cash for the real estate but at the same time, if i don't succeed, I have wasted the time that I could have had put into real estate investing. I get tempted while seeing those adds/people.
Same with youtube automation ( take free music and pics and make videos/motivation speeches and so on ) but it feels wrong to take avantage of other peoples work eventho it's free.

Yes, long term, that's the plan. I just feel that a business would get me there faster/increase the wealth.

That's the reason I went to school/education to learn about real estate and how it works with laws and so on here in Sweden. The plan is to work at a good/bigger company that today are where I want to set sails on. At the same time as I'm working, I will use what I learn at the company and use it private and build my own business side by side of work.

Real estate is what I like and what i want to do. I think putting in all my time 100% on it will be best for the long run but still unsure..
I have for a long time watched Ken Mcelroys books/videos & Grant Cardone. Multifamily rentals is the niche and goal, i'm thinking about the endgame goal and how I can get as close as possible to the same buildings but in smaller scale. what I have come up with so far for the first investment is: Get as close as possible to a 6 unit building translates into 1 house with 6 bedrooms and rent out the rooms so I have 6 "smaller doors" since a 6 unti building will cost to much to start with, would you sat that this is a bad idéa or a good start ?

Thank you for your thoughts Matt !

@AJ Shepard