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Updated over 4 years ago,
Mentor? I’m ready to take my game to the next level!
Ok, here’s my story so far!
I started investing last fall. Went traditional 20% financing for condo in Charlotte. Then 20% on. duplex in KC. Then another 20% on a townhome in Charlotte this May, followed by 2 single family homes in the greater Charlotte metro area...again at 20% down.
I’m very happy with my progress with acquiring properties and am lucky enough that my income allows me to purchase fairly quickly. And the main thing is, I took the plunge. I stopped analyzing over and over and not taking any action.
BUT NOW, I'm tired of leaving 20% in every property. I've read hundreds of stories from all you guys BRRRR'ing properties and know that's the direction I need to go. I know I need to build out a team to help support me and speed up my growth. I WANT TO TAKE MY INVESTING TO THE NEXT LEVEL! I've read some of the recommended books I continue to see, but I'm still hesitant from taking action with contractors or properties I see from wholesalers as I've had terrible experiences with contractors on my personal home time and time again...so I'm terrified of seeing the short cuts that will be taken by contractors when I'm not standing in the same room.
How did you guys who have large portfolios and large monthly passive incomes make the transition?
I’m 36 and want to be financially independent by the time I’m 40 and retire by 45.
Big goals require big action, so I need to take my next step in development and growth!