Lately, I been thinking about what I want to do next. Let’s say that after I finished flipping (I have 5 houses under contract right now in the Bay Area). Used that profit to purchase a 70-100 unit apartment outside of California with a strong cash flow what would I do next? What would I do when I am able to get 15-20k a month in positive net cash flow?
To me, I think that’s always been the goal of why I got into Real Estate to leverage passive income to gain my financial freedom. Now that I am close to getting my time back, I am itching for the next adventure. I am not sure if I want to take some time off to travel the world or throw myself into another endeavor. I wonder if traveling the world would also be to reflect on my inner self and come back with a world changing idea. But if I decide to take 3-6 months off, the thought of doing nothing productive would kill me. I am not the type that could sit still and enjoy life, I programmed it into my mind for the past 4 years that I could make every single minute of my life improving myself in every single way.
Apart of me has been mauling the idea of attending all the local start up/entrepreur meet ups in San Francisco to potentially start a tech company. This idea excites me because I feel like I can used the connections, business knowledge I have and transfer them over into a start up. I feel that fundamentally that starting a company has the same starting point for all industries. C Corp, forming a team, systemizing, scaling, hiring, training, legal, fundraising etc. What if I combined this knowledge and expertise to try my luck at creating a tech start up? I could l use my passive income from my real estate investments to support my self while using the fundraised money to hire/pay my employees really well. I am not sure what my idea is at this point but I am grateful that Real Estate investing has opened my mind to the possibilities of other ventures and provided me with the mindset needed to feel like I can accomplished anything and everything.