cardmagic
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- Jun 16, 2019
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Hello Fastlane Forum community,
I've been able to acquire a significant amount of money, but only a fraction of the level where I can survive on fully passive investments. So I've been trying a bunch of nearly passive investments ranging from real estate (single and multi-family homes), directly investing in oil wells, investing in music royalties and buying content web sites.
My target return has been 13-15% cash-on-cash cashflowing opportunities.
But with content websites (which happens to also be my personal area of technical expertise), I've been able to get much much better than 13% cash-on-cash returns. Because of the improvements I am able to make to the sites after I buy them, I can get over 100% cash-on-cash returns.
So my question is: do I focus on acquiring these websites until I reach my target net worth level, at which point I can sell them and trade them for fully passive investments?
Or do I continue investing in a variety of assets along the path to my target net worth level?
I've been able to acquire a significant amount of money, but only a fraction of the level where I can survive on fully passive investments. So I've been trying a bunch of nearly passive investments ranging from real estate (single and multi-family homes), directly investing in oil wells, investing in music royalties and buying content web sites.
My target return has been 13-15% cash-on-cash cashflowing opportunities.
But with content websites (which happens to also be my personal area of technical expertise), I've been able to get much much better than 13% cash-on-cash returns. Because of the improvements I am able to make to the sites after I buy them, I can get over 100% cash-on-cash returns.
So my question is: do I focus on acquiring these websites until I reach my target net worth level, at which point I can sell them and trade them for fully passive investments?
Or do I continue investing in a variety of assets along the path to my target net worth level?
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