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Quote from: AllinStryde on October 06, 2022, 04:06:10 PMInvesting in Home Depot helped pay for my CLL.  Learn investing for sure.  There's a different between making money and being wealthy.  Learn to make passive income.  Several rental properties and investing helped me get there.  I have decent enough career as well.
I've often thought about rental properties but know it can involve a lot of time and sweat equity. How many properties do you have?
Do you use a management company?

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Quote from: EndGame on October 06, 2022, 04:26:00 PMI've often thought about rental properties but know it can involve a lot of time and sweat equity. How many properties do you have?
Do you use a management company?

You heard correct.  You'll build your equity over time, certainly.  But things will come up...hot water heaters, plumbing issues, HVAC maintenance.  I had 3 at one time, sold one and now have 2.  The real money comes when you have rentals that are paid off and putting 1800- 2k a month away.  That's hard to get to though.  But some people own a renal property and only make 200 a month on after taxes and mortgage.  That's not worth the hassle in my opinion.  I would say you need to be putting away $400 profit a month minimum to make it worth it, otherwise you could be one hot-water heater replacement away from all your annual profit!  If you're on the fence, pull the trigger and go for it.  And yes, I manage all my own, and I work a day job as well, and I am about to embark on a new, hopefully promising side-hustle.  And just to tie it all together, CLL is one of the hardest and most rewarding things I have ever done.  Anyone on this forum needs to go for it if you're considering it.  Took me about 20 years of height dysphoria and not being taken seriously to finally do it.

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I was thinking of doing that but then decided against it.  I figured a small-time landlord is only one nightmare tenant or natural disaster away from financial ruin.  Better to let the big companies who are better hedged deal with the risk.

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i find a good opportunity to especulate with land in some cases, as my country is going full solar panels, is more difficult, but first of all check your country legality about building photovoltaic panels in rural terrain, if you are allow, to buy those lands which are closer to the high voltage line and south oriented, rent them to a big energy company or shell them at higher prices.
Most terrain in my country are old farmers that dont value that much to have close a high voltage line so you can have a big margin.

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unfortunately, subreddits just have mainstream bull  and some "funny" posts. nothing more.