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- Feb 15, 2019
- 242
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HELP. This is nuts guys. I am making more money than I know what to do with and I need some big time help from you experienced guys. I don't even say any of this to brag. I say all of this because everything is moving so quickly, and I have never experienced anything like it. This is LITERALLY a Fastlane.
I'm a real estate investor, I jumped into this full time 6 months ago.
But these past 4 months have been absolutely insane. Here's what I've done since October 1st:
-Syndicated a $1.2m 16 unit apartment complex that I own 20% of with $0 of my own money.
-Bought a duplex to buy and hold
-Bought my first ever single family home that will be an AIRBNB (I now officially have 32 rentals and never owned a single family home before)
-Done over $90k in wholesale assignments alone
-Flipped 3 houses
-This month I have made over 100k alone. My first ever 6-figure month
-My rental property portfolio has gone from 13 doors to 32 in 4 months.
-just got my first creative finance deal locked up under contract
I have no overhead. I have no marketing budget. It's literally just been me and a phone cold-calling like a telephone terrorist to land me all of this in 4 months.
I say none of this to brag or boast, I say all of this to say I'm excited, terrified, anxious, and deal with imposter syndrome probably on a daily basis. Now here's where I need help. For you big players in this, how in the world do you deal with this? This has all happened so fast. I have so many freaking deals coming through right now I literally do not know what to do. How do I balance finishing the projects I currently have on my plate, whilst simultaneously making sure my pipeline doesn't dry up and continue marketing??
It's a good problem to have no doubt. I am definitely beyond grateful for everything that has happened. I just don't know how to handle it. Every single dime I make I save, or I go buy another rental with it. I live in a duplex in the ghetto for crying outloud. (I'm house hacking it) I'm not blowing my money at all, but I need help from you experienced guys.
How do I continue to scale without biting off more than I can chew, but at the same time continuing to push myself to new heights? If I stop marketing and just finish my current projects then I will wake up to an empty pipeline in 3 months, however, my current pipeline is literally overflowing. knock on wood....
What do I do?!?!?
I'm a real estate investor, I jumped into this full time 6 months ago.
But these past 4 months have been absolutely insane. Here's what I've done since October 1st:
-Syndicated a $1.2m 16 unit apartment complex that I own 20% of with $0 of my own money.
-Bought a duplex to buy and hold
-Bought my first ever single family home that will be an AIRBNB (I now officially have 32 rentals and never owned a single family home before)
-Done over $90k in wholesale assignments alone
-Flipped 3 houses
-This month I have made over 100k alone. My first ever 6-figure month
-My rental property portfolio has gone from 13 doors to 32 in 4 months.
-just got my first creative finance deal locked up under contract
I have no overhead. I have no marketing budget. It's literally just been me and a phone cold-calling like a telephone terrorist to land me all of this in 4 months.
I say none of this to brag or boast, I say all of this to say I'm excited, terrified, anxious, and deal with imposter syndrome probably on a daily basis. Now here's where I need help. For you big players in this, how in the world do you deal with this? This has all happened so fast. I have so many freaking deals coming through right now I literally do not know what to do. How do I balance finishing the projects I currently have on my plate, whilst simultaneously making sure my pipeline doesn't dry up and continue marketing??
It's a good problem to have no doubt. I am definitely beyond grateful for everything that has happened. I just don't know how to handle it. Every single dime I make I save, or I go buy another rental with it. I live in a duplex in the ghetto for crying outloud. (I'm house hacking it) I'm not blowing my money at all, but I need help from you experienced guys.
How do I continue to scale without biting off more than I can chew, but at the same time continuing to push myself to new heights? If I stop marketing and just finish my current projects then I will wake up to an empty pipeline in 3 months, however, my current pipeline is literally overflowing. knock on wood....
What do I do?!?!?
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