Diversifying Into Multiple Streams Of Income with Blair Halver Episode 1114
In today\u2019s unpredictable economic environment, there\u2019s never been a better time to diversify into multiple streams of income. Because we don\u2019t know what\u2019s ahead, it\u2019s important to be nimble enough to adjust your strategies along with the market. The great thing about real estate is that it changes direction at a much slower pace than the stock market, so you have more time to adjust.
My friend Blair Halver has seen a ton of success in real estate, and he shares where else he\u2019s been investing to diversify his portfolio. When it comes to housing, he\u2019s a big fan of subject-tos and does a lot of creative financing deals. Outside of real estate, the first additional source of income Blair got into was drop shipping. He\u2019s also getting into crypto and a strategy known as \u201cyield farming\u201d where you invest in a vehicle that kicks out high APIs. When you\u2019re just getting started in real estate, it\u2019s important to pour all your focus into making it work before moving on to the next shiny object. Once you get your business to a place that you\u2019re happy with, it\u2019s time to start thinking about building something else that can bring in more money.
What\u2019s Inside:
\u2014Blair\u2019s diversification strategy and the areas he invests in.
\u2014Why it\u2019s important to stay focused on one business before moving on to diversification.
\u2014Blair\u2019s successes with crypto and why he thinks it\u2019s a smart investment.