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Skip The Flip - If I Don't Take The Leap Now, I Never Will - By J Scott

Sep 25, 2023
I had zero work-life balance until I started investing in Multifamily real estate.
I *thought* I would gain that kind of flexibility and freedom when I left my corporate job in 2008 to start flipping houses.
10 years and 400 flips later, I was completely burned out.
I  was working more hours than I did in my corporate life, I was paying more taxes than ever, and my work-life balance was in the toilet.
I wanted to do bigger things. Bigger deals. Multifamily deals.
But I didn’t believe I had the skills, knowledge, network, or connections.
Most importantly, I didn’t believe I had the cash to be buying multimillion dollar properties.
Because of this, I put my dream off for several years.
One day, I said to myself, “If I don’t take the leap now, I never will.”
So I did, and yes, I found the work-life balance I was seeking. I found financial liberation.
But wait! Multifamily came with other unexpected perks:
I realized that I could spend my days focused on the parts of the business that I loved and was good at, while surrounding myself with others who could help with the things I didn’t enjoy and wasn’t good at.
Not to mention the treasure trove of tax benefits. Flipping houses often came with a hefty tax bill, but Multifamily investing allowed me to bring my short-term tax burden to near zero!
If I could go back in time to 2008 and tell myself one thing, I'd say, "J, you are ready right now to jump into Multifamily."
So I'm here to tell you: you can Skip The Flip. You can get started in Multifamily without the capital, network, connections, or even self belief.

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