What separates investors who scale from those who stay stuck?
I've been spending a lot of time thinking about this as I work toward building my own portfolio.
From the outside, it seems like successful investors all have different strategies—BRRRRs, flips, turnkey rentals, notes, STRs, commercial, partnerships, etc. But I have a feeling their success has less to do with the strategy itself and more to do with the systems, relationships, and mindset behind it.
For those of you who have built portfolios of 10, 20, or even 100+ units:
Looking back, what do you think was the biggest inflection point? Building a network? Finding better financing? Learning to analyze deals faster? Hiring the right people? Taking bigger calculated risks? Something else entirely?
I'm a firefighter who's transitioning into real estate investing and sales, so I'm always looking to learn from people who've already walked the path. I think this discussion could help a lot of newer investors as well.
Looking forward to hearing everyone's thoughts.
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#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
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#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
Mindset.. not every investor who dreams of being a landlord and scaling a portfolio is cut out for this Niche. Many in fact grow to hate it :) I know personally I made a run on C class that was probably 1/4 D class post GFC got up to 300 houses.. and after about 18 months I hated it way to much drama and way to much captial tied up for the amount of cash flow even in those days were we did quite a bit better than what you can do today on cash flow.
I took a buy out from my partner moved into the debt side of the bizz and building new construction.. Still own a few A class and some NNN commercial If i had it to do all over I would have bought the commercial and passed on the Drama of the American tenant . Just sayin and this is just me personally I know its quite contrary to 90% of the folks on BP who are pro SFR landlord
- Jay Hinrichs
- Podcast Guest on Show #222
