Runum
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hi, since im getting very sick of working for someone else, im deciding which is the better way to go with? im cant decide is it better to go investing in real estate, by this i mean buy one piece of property and then rent it out for income after it gets paid off in a few years. then buy another and so on. it will be a slow process one by one.
or my other idea would be be open my own business like a resturant ( most likely a franchise) but not sure yet.
im having alot of debate between which way to go with, so what are your suggestions and which one would be better for the fastlane? thanks for any suggestions. :smx8:
Good job Lobster. You are starting to see that there other directions to go in life. The way you just presented your 2 options results in both being slowlane. You acknowledge as much about the RE idea. Investing in RE will get you there but you have to think bigger than one house and it is quite challenging.
As far as a franchise business goes, you need to talk to KungFu Steve. Also, you might take a look at this thread:
http://www.thefastlanetomillions.com/mindset-motivation/15779-you-driving-fastlane-riding.html
Right now you might look into an online business of some sort. It's pretty easy to get into. You don't have to have any bank's approval. You are in the driver's seat. Or you might try options investing or Forex. Again, with all of those you call the shots. Good luck. +++speed for your questions.