Real Estate?? Your way out?

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Its more about leveraging the assets you get from the job than a question of how do you find assets outside of the job. Clearly the car is a great asset to create extra value. Unfortunately I havent been able to enjoy the car because a stupid physician backed into my passenger door when I was parking at a medical office complex. The angle of the impact effected not just my spine alignment but also my torso/foot control. Why I could hardly walk for the first 3 weeks. At last my insurance has a check being prepared for me. What can I say, yes extra income from the car but I was originally going to rent the car to friends. Now I see a better way.
 








anonymous said:
Its more about leveraging the assets you get from the job than a question of how do you find assets outside of the job. Clearly the car is a great asset to create extra value. Unfortunately I havent been able to enjoy the car because a stupid physician backed into my passenger door when I was parking at a medical office complex. The angle of the impact effected not just my spine alignment but also my torso/foot control. Why I could hardly walk for the first 3 weeks. At last my insurance has a check being prepared for me. What can I say, yes extra income from the car but I was originally going to rent the car to friends. Now I see a better way.
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Way to ID yourself, idiot.
 








ill say to anyone that will listen that real estate is fantastic. No matter how I work my day I have an extra hour or two to drive my area and do research on property. But here's the way to idiot proof your properties.

Buy them with management fees factored in. I save for 50% down on my houses. I buy in good areas by the college. Then I turn it over to management company and I never see the house again. I do a single yearly maintancence meeting and rent roll review. Why would you manage your own properties ??
 








I own a few houses. Debt free because I listen to Dave Ramsey. Yes, I'm that guy. It works for me. No debt of any kind personal and property.

With my salary + bonuses + rental income in up to 16,500 a month in total monthly take home. I'm old but it's been a good system for me.
 




I agree but I got into it very early in my career. Now retired, I have a lot of time to devote to repairs, etc. I am a hands on so rarely need to pay for labor as I am handy which makes a huge $ difference. People will always need a place to live.
 












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