Real Estate Investing isn’t a “One Size Fits All” Job
My dad is a smart business guy and growing up, he was always looking for ways to subsidize our family’s income as he didn’t make much as a pastor for almost 30 years. I’m the oldest of 5 kids, so you can imagine our grocery bill was expensive!
He had a lawn care business for a while, traded stocks, had an alpaca farm, online businesses, breed dogs, and more. Some of his ventures were successful and others were not, but he never gave up! Then in 2004 (as I was heading off for college), he started exploring real estate.
He tried his hand at a number of things under that umbrella: flipping houses, buying and holding long-term rentals, building from the ground up, short-term rentals, loaning money, converting old hotels to efficiency apartments, renting commercial spaces, renting a ballroom for events, and more. He is a go-getter and has made MILLIONS in real estate!
It’s been incredible to see his success over the years and the ways he’s been able to bless others as a result!
When I first started learning about real estate, I thought you had to be a landlord and that was the only path. As I’ve grown over the years, I’ve seen there are many different angles you can play depending on your strengths and weaknesses. You can make a LOT of money in real estate, but you should find what you enjoy and what fits your goals best.
Over the years, Nathan and I have househacked; bought long-term and mid-term rentals, we have been landlords; we have invested passively in multifamily, mobile home parks, self-storage, and assisted living; we have helped syndicate deals; we have loaned money; and we still explore other options to put our money to work.
Are you considering real estate, but not sure where to get started? Reach out and let’s chat about the options out there. One of the MOST important steps is just making a move and CHOOSING to do something!
A few tips: