How not to Fund your self-funded journey

by a searcher

5 months ago

I dont recommend start consuming your savings and go full-time on your search journey. Sooner or later you will start being biased to action and, imo, we want to be cold minded. 

What i did was bought Searchfunder member

Without my real estate "passive income" my self-funded search wouln´t happened. 
I bough this 3 bedroom apartment and rented the rooms. Just with it cashflows i can cover my basic life expenses. 

Curious to know how you guys are funding your Self Funded Journey and, btw, if you are an Investor, a Searcher or an operator, join our PRIVATE free community "SelfFunded Room" and discover how other are making deals worldwide:

https://www.skool.com/selffunded-room-5168/about

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7 comments

searcher from Glasgow Caledonian University

This is an interesting approach ^Searchfunder member‌. I have recently concluded an option (subject to planning consent), to purchase a former bank building in a Picturesque costal location in Scotland which attracts all year tourism due to its world Class Whisky heritage, stunning scenery, and Golf courses. I am joint venturing with a developer to convert the 3-Story "Scottish Baronial Style", blonde sandstone building to a fully automated apart-hotel comprised of 11 premium suites.

My plan was to self fund the development and use the cashflow to fund my search but I am seeing further opportunity to use this strategy as the foundation of my fund due to the high returns. My focus is to get the planning secured ( this is imminent) and then share further details but I am happy to start discussion with anyone who would be interested in discussing this strategy.

2 months ago | like reply | 1 like

searcher from Covenant University

Thanks for sharing

5 months ago | like reply | 1 like

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