I am planning on getting quite a few rental properties under my belt
The novel Rich Dad, Poor Dad changed me. So my spouse has constantly been about real estate and living off his assets one day… I didn’t actually get the large push to have apartments for rent. After reading that novel, I totally get this. It lays out how people can get wealthy. Basically if you want to do well with money, saving cash does not do anything! Why have a sizable number in your bank account? It is smarter to invest in a property that will make you more money overtime. My spouse and I are constantly looking at homes for sale. My spouse right now has 2 rental properties! He has a duplex plus a residential home for rent in our area. I guess that commercial real estate is his next sizable hurdle, however for me I just want to buy a small rental property. I also am not against buying a single family home, fixing it up plus flipping it for a profit. My spouse plus I are on a first name basis with the real estate agent in town. Annie is constantly giving us a call on modern locales that are going for sale that both of us can eventually rent out. Finding the right deal is rough though. I don’t want to spend an obscene amount of money but I don’t want to buy a worthless place. I am planning on getting quite a few rental properties under my belt. It would be nice to guess that if I lost my task, my rent could spend my money on my mortgage. My spouse and I aren’t quite there yet.