NNQueen said:This is a good thread and I'm surprised that it is slow and inactive. I know not everyone here has an entreprenurial spirit or will or even has the desire to be self-employed. But there should be enough of us given the sentiments expressed in other threads, to keep this thread moving.
I like the real estate market and always have. I've had rental property and agricultural property and both have been profitable investments but it wasn't something that I wanted to do full time. I'm the type of person that is always looking for investments that can serve a multi-purpose. That's why now that I'm seriously planning for my retirement in the near future, I am looking at the hospitality industry. I'm thinking about becoming an innkeeper. It's business that you can do and never leave home. It gives you the opportunity to meet people and create a nice environment for them and generate an income at the same time. Depending on what type you want start-up costs can be very little or a lot.
I've never done anything like this before which is why I'm doing extensive research, networking and seeking advice from professionals in the industry. I think I'll be good at it and want to find ways to make my place uniquely attractive to Black people. Who knows, maybe I'll eventually turn my ideas into a franchise.
I plan to start attending conferences to learn how to not just own a B&B, but how to be successful and make it profitable too.
Next???
Queenie
I too am in the Real Estate industry. I also own invest properties that I rent through our local housing authority Section 8. It has been very rewarding so far. As a Real Estate Paralegal/License Mortgage Broker I have been able to do a lot of entreprenurial endeavors. I started my own business, credit repair and or bankruptcy. I enjoy helping people and learning. My desire is to work for myself totally by the end of the year, doing what I love, personal financial counseling, credit repair, and home financing.