Family

Time with Family

In my corporate career and while running my mortgage business, I traded my time for money.  I sacrificed time that belonged to my family and me to my paycheck.  In my mortgage business, I found the more time I put in the business, the more income that I made.  As soon as I stopped working, I stopped generating income.   I closed over $150 million in residential mortgages but worked 12-14 hour days.  I had discovered financial success but wasn’t leading a balanced life.

Building Passive Income

While running my mortgage business, I leveraged my income to create a real estate investing rental business that generates passive income.  Now, once I acquire and prepare the right rental, I turn it over to my local property manager to run.  Then without logging any day to day hours, the passive income begins to work for me.  I receive the monthly cash flow as long as I own the property, with minimum time required.

I do put my time and effort upfront to acquire the right investment, but I can work around my children’s schedules, and I have full control of my time.  Although it varies by property, the most time and effort that I put into each project is between 1-2 months.  During these 1-2 months, I will invest a maximum of 5-10 hours per week for each new project.  Leaving plenty of time to enjoy my family

 The Gift of Time with Family

This site is about YOU… how to build a profitable real estate passive income business so you can give yourself the gift of time with family.  The real beauty of a passive income business is that you will never have to choose between time with family and a career again.

Please leave your comment below about what career can give you a well balanced life.

8 comments

Agreed!
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Time is the most important asset and nice that you can choose your hours and time to spend with your family and loved ones. What is the good article for a new investor wants to learn about real estate investing from your blog?
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Korianne Mar

Joe, my life did not start out that way. Being an immigrant from Vietnam. Life was not easy, but through hard work, dedication and commitment not given up on my dreams. It took me almost 8 years to build real estate portfolio to serve my freedom. Looking back, I'm grateful for this business has offered to me and my family, not just making a living, but it provides a quality of life - True time freedom. This is a good article to read: https://korianne.com/1st-rental/
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Korianne Mar

Thank you for your comment, John.
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Nice post. A family is indeed important and it's a driver for your motivation and success.
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Korianne Mar

Megan, I totally agree. I decided to be in this business just to get my time back with my family. Time is the most valuable commodity :-), To earn a living does not have to give up other most important things in our lives.
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Kelly Johnson

Family is everything and it's motivational driver for us.
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My Love for Travel

[…] love spending time with my family, and we enjoy traveling the globe.  We travel in various parts of the world three to four times […]
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