All Forum Posts by: Michael Ellis

This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow from rental properties or buying and selling…

I am 21 and just starting out and this of course is the plan for the next 5-10 years but I want to plan ahead.

Thanks

This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow from rental properties or buying and selling… 

I am 21 and just starting out and this of course is the plan for the next 5-10 years but I want to plan ahead. 

Thanks

Hi guys!

My wife and I have 100k in the bank and steady income streams. We aren’t sure what the best plan of action is. Should we invest into duplex or fourplexes  or get into single family homes for a first investment property? We are in the Boise Idaho market and would like any info!