Live to invest or invest to live? That is the question.

It's been put another way.  Is RE (real estate) a means to an end or an end to the means?  In other words, are you trying to be a RE investor or something else?  The good news is that RE can be either.  If RE isn't your dream job, investing in it can provide you with the passive income to be able to concentrate on what you truly DO love.  Imagine if you had 8 hours a day to work on your passion rather than a job you don't really care for.  Or maybe you like it but would like to go to the next level but you need free time to achieve the next level.  This is where RE investing can be super valuable. 

What if you don't know what your passion is yet?  Great, get started in RE now so when you figure out your passion, you are financially free to chase that dream.  I can tell you if you don't have some sort of passive income, it's going to be much more difficult to chase after a dream.  Even if you don't replace your entire income with RE cashflow you might be able to get part of the way there and take a lesser paying job in the field that you want to be in.  Or you can work a part-time job and spend the rest of your free time developing your idea. 

I do know that if you need to work to make ends meet and you have a growing family, free time is tough to come by.  The good news is that RE investing can be pretty easy to fit into a tight schedule.  Plus, you only need to do one or two deals to get going and figure out if this is going to work for you.  I think you'll be surprised that it can be easy. 

Lastly, don't kill the golden goose.  Remember, you don't need a golden egg, you need a golden goose that lays endless golden eggs.  When you buy that fancy car or boat or ATV, you kill the golden goose.  If you put that money into RE, you have a chance at affording the fancy car, boat or ATV multiple times over.  When you spend that money, rather than invest it, it can only be spent once.  If you invest it, you can spend it over and over and over. 

Good luck!