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The Water Cooler
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<blockquote data-quote="Steelers Fan" data-source="post: 4221794" data-attributes="member: 16254"><p>I've got 3 and manage 10 for a friend of mine. This is not for everyone. The less you know or are capable of, the less you will make and the more you will be taken. As always, knowledge is power. Find good people you can trust, plumbers, electricians, etc. etc. I'm glad I invested in them. They gave me more financial independence, and resources in hard times. They are not for the "I only want to work my 40 hrs guys." There were gut checks along the way. But the properties are the main reason I was able to retire at 57, not my 401K. I have yet to touch the 401k since retirement. Having a couple properties bringing income, always increasing in value and increasing tax deduction capabilities is all a win. Don't put all your eggs in one basket. And as for the naysayers, If your smarter than Warren Buffet or a slew of other billionaires, show me the way. They all have property investment in portfolio.</p></blockquote><p></p>
[QUOTE="Steelers Fan, post: 4221794, member: 16254"] I've got 3 and manage 10 for a friend of mine. This is not for everyone. The less you know or are capable of, the less you will make and the more you will be taken. As always, knowledge is power. Find good people you can trust, plumbers, electricians, etc. etc. I'm glad I invested in them. They gave me more financial independence, and resources in hard times. They are not for the "I only want to work my 40 hrs guys." There were gut checks along the way. But the properties are the main reason I was able to retire at 57, not my 401K. I have yet to touch the 401k since retirement. Having a couple properties bringing income, always increasing in value and increasing tax deduction capabilities is all a win. Don't put all your eggs in one basket. And as for the naysayers, If your smarter than Warren Buffet or a slew of other billionaires, show me the way. They all have property investment in portfolio. [/QUOTE]
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