Right after that, I began to aggressively invest in Real Estate. I bought my first property in 2004 and proceeded to purchase 7 more over the next 3 years. In 2007, I decided that financial freedom was going to come from investing in low income real estate. It seemed like a no brainer. I could buy a house for $20,000 and earn $1,100 a month in rent.
All I would have to do is hire a property manager, repeat this process 10 or 15 times and financial freedom would be mine. Well, I started with 3 properties. One was successful (I still own it today). However, the other two wound up costing me in excess of $100,000 over the next three years. I won't bore you with the details, but I learned there were risks to this simple plan.
I turned to Internet Marketing because the same benefits were available with a lot less financial risk. I could build a site or hire somebody to build a site, ramp the revenue up to a few hundred a month and rinse and repeat. This has worked to some extent but the process takes a while and I am not a huge fan of managing and definitely not a huge fan of managing the process myself. I have a pretty busy day job and prefer to spend the majority of my free time with my family.
I joined a program a few months ago (through the Warrior Forum) that seemed to meet my needs. The coach would build the site and also teach me what he was doing so I could hire somebody to replicate or even hire his team to replicate. Well, the coach bailed on the program and I am more motivated than ever to make this work. I joined a coaching program with a much more reputable marketer.
However, I still would rather invest in other people who build sites and would like to collaborate with other Warriors on ideas and resources for investing.
I don't have any particular agenda with this post except to open the dialogue with those who have similar interests.