I have been investing in real estate for over 10 years now. Almost 8 of those years have been as a full time investor. I always thought that once I went full time, real estate investing would become much easier, and in many ways it has. But in a lot of ways, I had to change direction or find totally new ways of running my business. I was not ready for that. I was not ready for the fact that real estate investors do not fit in the mold.
The mold is not made for the real estate investor. The mold is made for people who work 9 to 5, who commute, who have W-2 income, who own one, or perhaps two properties. If you step outside of these criteria, you become weird. You become something that does not fit, something that simply does not compute.
It is simply not “normal” to be a real estate investor. It is not “normal” to own a bunch of properties. It is not “normal” to have rental income as your primary income source. Yes, you are a professional investor, which on the face of things should make things easier. But many times it does not. Being a professional is seen as a risk.
This perception of risk actually can make your job as an investor much more difficult. You would think that it would get easier to get bank financing as you grow and become more experienced. Not so. Many financial institutions now see you as a risk and the funding will stop. You don’t have a “job” anymore so how can you possibly pay the loan back?
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