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Updated almost 5 years ago on . Most recent reply

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Lynnette E.
  • Rental Property Investor
  • Tennessee
2,402
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So you met your WHY? Do you keep on investing, change your why?,

Lynnette E.
  • Rental Property Investor
  • Tennessee
Posted

So, I have 3 more rehabs to go, 2 are houses and one is converting an apartment house garage with a kitchen and bathroom to an apartment.  After these are done and rented, my why needs are fulfilled.

So, do I stop adding more properties or keep going?  

I self manage but if I add more, I really would have my personal life impacted by tenants and the business.  I could hire someone to help, but then I become a supervisor.

The income is there to keep on building the portfolio.  But I could also vacation more.  Or just flip the money back to the financial manager for EFT, stocks, bonds, whatever.  That truely is passive.

Oh, but every so often a deal pops up that is hard to resist.   Then again, I do not want to create something that becomes a major job either.

I know in the end its a personal decision, but before making it I really would like to know....

what do you'al do when you have met your why?

Most Popular Reply

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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
Replied

First of all, congrats @Lynnette E.! That's awesome. Check out what Tony Robbins speaks about on this subject. In the end it comes down to your fulfillment and we're most ourselves and human when we are in community and are giving back. Find a tribe (even BP) and give back.

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