ousdahl wrote: ↑Tue Aug 17, 2021 11:44 am
Shit, if you can’t beat em, join em.
I’m interested in a career change. I wanna be a professional landlord!
In lieu of a School Of Landlording, I guess I’ll just have to seek investors.
Who wants to buy property and have me manage it for you??
I go away for an hour and when I come back your ass is all black and blue....damn, you take a beating like a man, or a masochist, or someone who doesn't know when to quit.
Before you find investors you have to find an opportunity and bring it to them. Investors have no limit to the number of people willing to work for them. They are looking for opportunities/ideas and if they can't find them themselves, they need and are willing to pay someone to bring one to them. It's really that simple.
You need to leave the places that are already "opportunitied out" and look for the next great place. The only opportunities left to develop in the Fraser valley are way out of the realm of your pocket book and no one who owns any of that land needs your help to do anything with it.
You need to find a place where you could buy 20 acres for $20K that has water and then you can do what you think you want to do. I know a town that owns 90 acres and they are looking for someone to develop low cost housing. We are building structures out of mud there and we buy lumber direct from a mill that sells it rough sawn, cut from beetle kill pine at a big discount. There are opportunities out there at a price point where you could get involved.
But.....
....you are going to have to get out of your comfort zone, you are gonna hafta put some sweat equity in, you may have to work harder than you have ever worked in your life. And before you live the good life you may have to do some subsistence living.
but.....
...I will also say it may not suck more than your life right now and when you are 10 years down the road you may look back and be pretty pleased with what you have accomplished and think it was all worth it. Get some skin in the game mister.
Seriously, what do you have to lose? A shitty job and a shit filled apartment?
You know where to find us. Overlander will be making manhattans out back and I will be bringing BBQ from KC for the feasts. Defix can explain which end of a hammer to hold and how to run the table saw without losing a finger. There will be weed and beer in the Spud Lounge at happy hour when we are all too tired to work any more.