What is the second most precious commodities known to mankind? Time – right? It is second only to health, and when either is gone – they’re gone; no amount of knowledge or money will bring them back once they’re gone. Basic truths; not opening any windows to the world here I hope…
Well, I know that what I’m feeling is not mid-life crisis since I went through that when I was like 27 🙂 But, I certainly am finding myself evaluating the impact of my life relative to time. This is to say that all of a sudden I am keenly aware, more so than ever before, that I only have so much time to accomplish what I set out to accomplish…
This realization brings with it another. Simply moving in the right direction is not enough. Simply making progress is not enough. Indeed – if I dare to set my goals high, than the amount of progress that I make with every step needs to be exponential. Picture it like this:
While riding a thoroughbred is faster than running, at the end of the day it’s only a horse – one horse. To get where I am going I need more horsepower than that – I need a Ferrari…
SYNDICATING REAL ESTATE
As you know, I am a professional real estate investor. Thus far I’ve focused on small and mid-size multiplex and fortunately have achieved considerable success. But, should I continue doing what I’ve been doing in the future, or should I make my time worth ten times as much; and how would I do it?
Translated into real estate talk, the question is this: Is a deal involving 100 units as apposed to 10 really that much different, more difficult, or more time-consuming – Should I do deals that are much bigger; Can I do deals that are much bigger; hhow? Let’s take a look at some concrete numbers…Continue Reading at BiggerPockets
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