Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago on . Most recent reply

User Stats

4,583
Posts
1,171
Votes
Michael Rossi
  • Real Estate Investor
  • Ohio
1,171
Votes |
4,583
Posts

"The Next Level"

Michael Rossi
  • Real Estate Investor
  • Ohio
Posted

I often hear the gurus and paid mentors talk about taking your business to "the next level". I'm wondering what that means. Does that mean that you should never be satisfied with the size of your business? Does that mean that there is no point to setting a long term goal, because when you reach it, you need to take it to "the next level"? Can your business ever be big enough or must your business always be getting bigger?

If you have 50 rentals, do you need 100? If you have 100, do you need 200? If you have 200 do you need 500? If you have 500, do you need 1000???

If you wholesale 1 property a month, do you need to do 2? If you do 2, do you need to do 5? If you do 5, should you be doing 10? 50? 100?

Is the goal to be a millionaire? A billionaire? The world's first TRILLIONAIRE? Would the world's first trillionaire need to take his business to the next level?

What do you think? Can we ever get there or do we always need to take it to the next level?

Mike

Most Popular Reply

User Stats

5,700
Posts
3,499
Votes
Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,499
Votes |
5,700
Posts
Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Replied

To me, the next level was the level where I was able to support the lifestyle my wife and kids wanted. Now, it is to grow an estate for my grand kids and future generations to draw from. That is the final level for me. The problem is what is the amount needed to fund that, not knowing # of offspring, inflation rate etc. Its' fun working on though.

Loading replies...