In my 20’s I made travel a priority. I loved going to different countries and learning about the culture there and meeting people from all over the world in hostels, hearing their stories and seeing the sights. I met many people who had quit their jobs, sold their stuff and decided to travel. I found the concept exciting, however I could never figure out how these people made enough money to fund their adventures.
Everybody has a different opinion on what makes a good real estate investment. We all have different goals and aspirations, different skill sets, risk tolerances, and situations. But the one thing we have in common is the fact that we are seeking freedom through real estate. Investors want their real estate portfolios to provide them with the freedom and security to live the life that they want and to provide security for their futures. With that in mind, let’s build out a list of some of the important things to consider from a personal standpoint before jumping into the first deal that you come across.
I wanted freedom. I was feeling trapped in my job and I knew I needed a way to create a life for myself that I had always dreamed of. I tried multiple different ventures and businesses. Some had more success than others, but I didn't come close to creating a form of income that would allow me to live the life that I wanted. I learned the hard way. I made mistakes and started over more than once. But I always had a love for real estate and the feeling of owning something concrete, so in 2017 I dove in and purchase my first investment property in Fort Erie.
Jonathan Beam is a writer, traveller and real estate investor that is passionate about living a life that is totally on his terms!