All Forum Posts by: John M

I think that goals are very important to have. Purchasing two properties in the next four months as a goal would depend on what your exit strategy is for each. Are you going in for a fix and flip, cash flow, or some other strategy. All this will make an impact on the time constraints that you have placed. In the end, only you can answer the question on going for more or less. If you truly believe that you can accomplish those goals, THEN DO IT!

Locate and acquire institutional funds to increase the syndication's in our portfolio.

As someone who actually has a degree in Real Estate, and works in the real estate investment industry, it all depends on how deep you want to go down the rabbit hole. Choose the red pill, or the blue pill. I took the red one.

For me it was simply that I wanted to broaden my horizons far beyond what was in my face. If your goal is to own SFR's and 2-4 units, then no degree is required, real estate or otherwise. If the interest in multi million dollar deals and commercial development peaks your interest, then a degree is a must. My business partners have finance degrees and are able to pick up the concepts of real estate finance very easily. How I was able to determine the difference in the two fields is one you learn to valuate a business, and the other you learn to valuate real estate.

The big thing for me is that I started my education with the end goal of being a real estate investor. That gave me a completely different outlook on the subjects that we covered, and greatly broadened my horizons.

Economics will definitely give you a world view on things, but you will need to learn many more concepts to make that jump into the world of finance. In the big game of real estate, it is all about financial concepts.

In the end, the choice is yours. Do you take the blue pill and the story ends. You wake in your bed and invest in whatever you want to invest. Or do you take the red pill and you stay in Wonderland and you see how deep the rabbit-hole goes?