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Updated about 9 years ago on . Most recent reply

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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
3,310
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At What Point Are You A "Serious" Investor?

Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Posted

This is something I have been thinking about for a while. At this point I own three properties and I have been an investor/landlord for 2.5 years. I still don't feel like a serious investor. 

I feel like I should be out constantly making deals. It took me over 2 years to buy my third property. I admit that I did get very focused on my job and wasn't focused enough on real estate for a while.

So my question is do you believe there is a number of properties, number of deals completed, net worth, income, or other factor that makes you truly a "serious" investor?

  • Anthony Gayden
  • Podcast Guest on Show #21
  • Most Popular Reply

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    Meghan McCallum
    • Specialist
    • CHICAGO
    650
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    Meghan McCallum
    • Specialist
    • CHICAGO
    Replied

    A serious investor is someone who makes deals happen, analyzes risk, and takes some leaps towards success. People who buy property to rent for passive income I see as landlords. 

    However, a landlord who knows all the legal advantages and tax laws to build wealth, protects his assets, builds a company, creates systems, knows the difference between cash flow and rental income, and has a plan to buy their next property...is also an investor. 

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