Charlieg2294
New Contributor
Hi everyone, I'm Charles.
I'm 25 and an aspiring real estate investor looking to generate enough passive income to separate from my job and pursue my dream as an electronic music producer. I own a two family home out of state and am looking to pick up another multi-family where I live (Long Island) utilizing a method called BRRRR (Buy, Rehab, Rent, Refinance, Repeat (as coined by BiggerPockets)).
I'm here because I read Unscripted and it has changed my perspective quite a bit. I'm beginning to consider looking more into starting a product / service business because of the possibility of 1,000%+ return on investment seems more probable if worked at hard / smart enough. I see a bit of a ceiling with buy and hold real estate once i run out of capital, and while the cashflow will still be coming in it will be small compared to what could happen if I create some sort of highly useful product / service.
After reading the book I'm thinking about how certain products could be improved, marketed differently, and what skills I should start acquiring to make this possible. I'm here, I'm ready to work, and I'm very excited about my augmented perspective! Any tips / recommendations from you seasoned folks would be greatly appreciated!
I'm 25 and an aspiring real estate investor looking to generate enough passive income to separate from my job and pursue my dream as an electronic music producer. I own a two family home out of state and am looking to pick up another multi-family where I live (Long Island) utilizing a method called BRRRR (Buy, Rehab, Rent, Refinance, Repeat (as coined by BiggerPockets)).
I'm here because I read Unscripted and it has changed my perspective quite a bit. I'm beginning to consider looking more into starting a product / service business because of the possibility of 1,000%+ return on investment seems more probable if worked at hard / smart enough. I see a bit of a ceiling with buy and hold real estate once i run out of capital, and while the cashflow will still be coming in it will be small compared to what could happen if I create some sort of highly useful product / service.
After reading the book I'm thinking about how certain products could be improved, marketed differently, and what skills I should start acquiring to make this possible. I'm here, I'm ready to work, and I'm very excited about my augmented perspective! Any tips / recommendations from you seasoned folks would be greatly appreciated!
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