Do you plan on adjusting your investing model in 2022

[Joe S.]

What do you plan to do different in 2022? I'm thinking and contemplating on this past year's events and wondering what can I do different. Do I need to do anything different or should I simply repeat what I have done in 2021? I purchased 13 single-family houses using the BRRRR process primarily. Most of them toward the end of the year which means I am opening up 2022 with too much inventory/ unfinished rehabs on the ground. I considered selling a couple of my properties instead of keeping them for rentals. The thought process behind this was to help replenish my working capital. Then I get to thinking about the tax consequences and think well just refinance the ones that I am working on when they are ready and keep them as long-term rentals. As a mom and pop operator we have got low on funds several times in the past so I'm paranoid of this happening again. Basically we were overextending ourselves by buying houses faster than we were repositioning them. I thought about trying to learn how to solicit private investors/private funds, but I am not sure where to start. We have primarily kept recycling our seed money back into the business and the business has grown. If we were to grow faster we are going to have to find additional sources of capital. I'm really not sure where to look for that. We bought a course sometime back that was not very helpful. On the other hand who said we have to grow at a faster pace? :-)

I am sitting here wondering is there a better model for investing? 

For all the experienced investors was there a turning point in your investing model? Do you see an adjustment in your investing Strategy for 2022?