Ep 19 - Active Income
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Ep 19 - Active Income
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About this listen
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.