24th July 2008

Next Business Project

I’m a firm believer in not placing all my eggs in one basket.  Diversification is not just another buzz word to me.  Investing in real estate has the added benefit of flexibility.  Buy and hold investors tend to have more freedom and for many, it’s really a side business.  House flipping can be a full time job itself, especially if you manage the projects or do the work yourself.   I believe that a strategy that involves both renting and flipping offer the fastest and most secure road to wealth for full time investors. 

While real estate investing can be a great source of income, it doesn’t have to be the only one.  Your road to wealth may move even faster by investing in other assets such as the stock market and owning your own business.  Running a brick and mortar business may take quite a bit of your time.  The Internet on the other hand offers great opportunities for owning a business that only takes a few days or even hours per week.  My next project is one that I am very excited about and I plan to bring you more information about it once I am further along.  Just to give you a clue, it involves real estate investing but not actually buying or renting properties.  I will continue to invest real estate but this new project will provide a valuable service that I believe has been missing for investors as well as sellers.  This week I’m am working on a rough draft of the business plan and I am a little behind schedule so its time to get back to work.

This entry was posted on Thursday, July 24th, 2008 at 1:03 pm and is filed under Business, Misc, Real Estate Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

There are currently 2 responses to “Next Business Project”

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  1. 1 On July 24th, 2008, Tom Humes said:

    Nice Site layout for your blog. I am looking forward to reading more from you.

    Tom Humes

  2. 2 On July 24th, 2008, Allen Taylor said:

    Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

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