Do THIS before you buy: 10 Questions You Must Ask Yourself Before Your First Investment!

In this video I am talking about how you best understand and evaluate your own situation before making your first real estate investment. Answering these question will give you an understanding where to place yourself on an active to passive scale in regards of your involvement in the investment.Show more

By answering crucial questions, you'll gain clarity on your position along the active-to-passive scale of involvement. This knowledge prevents overcommitting to ventures beyond your capacity or missing out on lucrative opportunities due to underestimating your capabilities.
Don't let potential profits slip away—make informed decisions that align with your investment journey.

🕒 Timestamps:

00:00 Introduction
02:55 Question 1: Do I have time to do renovations myself?
03:45 Question 2: How much of a handyman am I?
04:13 Question 3: Do I have a strong network?
04:47 Question 4: Do I know anything about property management?
05:20 Question 5: Do I have any market knowledge?
06:21 Question 6: How will it affect my personal finances?
07:10 Question 7: Can I do this for 20 years?
08:54 Question 8: How is my current job situation?
10:02 Question 9: How is my family situation?
11:04 Question 10: How do I handle risk?
11:52 Rate yourself

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