"Boring" Investors Like Charles Roberts
Just finished listening to podcast #278 in which Charles Roberts was interviewed. He said he was a "boring" investor. I really connected with his style of buying and paying off real estate. (As opposed to flips or wholesaling.)
What are some other "boring" real estate investors that have been interviewed that I can listen to?
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I’m a boring investor, and a proud one at that. More and more I’m seeing threads on BP asking about “creative” ways to start REI. We all saw the guy asking how to get that 96 unit under contract lol. When I hear the word “creative” I immediately translate that as “I’m too lazy to work really hard and save money, so please tell me there’s another way.” I know there are investors that get deals without using any of their own money, but let’s be honest the vast majority have to put skin in the game, especially when we’re starting out. The creative guys are usually better connected and have paid their dues already. Getting rich isn’t sexy.
I’m not the most qualified person to critique other people’s strategies. I only have one property. I don’t want to come across like I know a lot, because I don’t. But I can say I’m closing in on my second in the next few months. My fiancé and I are saving 50% of our net income. I’m working 60-70 hours a week. I see her about 5 days a month (she’s a flight attendant). I wouldn’t be where I am if I had spent the last few years looking for the cool new way to invest. Boring has been working for me so far, so I’m going to stick with it.