Commercial Real Estate: Starting From Scratch
Documenting my journey in commercial real estate from the very beginning. You'll see me calling brokers, making offers, analyzing deals, visiting properties, building relationships with brokers, bankers, lenders, investors, remodeling assets, leasing properties and buying commercial real estate buildings from start to finish!
Commercial Real Estate: Starting From Scratch
Ep 19 - Active Income
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One of the many reasons people avoid Commercial Real Estate is the lack of active income while building a portfolio. Of course there are ways to do it via CRE but for the most part, it doesn't make reliable money on a monthly basis in the beginning. In fact, I've experienced money going out, further enhancing the problem.
In this episode I talk about what I've been doing about the active income portion in my life, and how that plays into the CRE game. For me, I was lucky enough to basically take most of my time and pour it into CRE for the last 6 months. But now, that clock has ran out. Before I got into it, I knew I had a short window of operating before I needed to focus on active income again, so it's no surprise.
Also working on increasing passive income to reduce to the amount of active income I need, which means I can spend more time working on CRE, which is the ultimate goal.