Real Estate Investment Business (Social Interaction (As the owner of the…
Real Estate Investment Business
As the owner of the company, I will have to regularly network and meet new people.
I will meet with employees daily.
I will stay in frequent contact with investors and contractors.
I may have to speak at public events to promote my company.
Involvement in daily operations
I will be at the office 6 days/week.
I will take calls anytime.
For the first 10 years I will be involved everyday.
Expertise, skills, preferences
My expertise will be in management and overseeing.
I am not skilled as a laborer and will not do that work.
I prefer to work with people and create systems, with an occasional trip to an actual investment property.
I am the owner so my employment is directly
related to how hard I work.
I am not worried about Job security.
I am working on building assets so that my business will be stable during down markets.
Future Professional goals
I will not be needed for everyday dealings.
I will retire early.
I will continue building my portfolio, but on my own time.
Growth Business or Lifestyle Business
The reason for my business is that I can
live my life the way I want to.
The Passive income coming from these rental properties will transform this into a phenomenal lifestyle business.
Future Personal Income
The goal of this business is to buy and hold rental income properties for long term passive income.
The income from these properties will supplement my personal income until the day I die.
This passive income will allow me to live a comfortable life.
This business is a long term investment.
I started it for long term passive income
as well as equity growth.
This is the best possible investment I
could make with my money.
Maintaining a Majority Share
I never plan on selling this company.
I will retain complete ownership.
I do not plan on ever becoming
a corporation or selling shares.