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Updated over 9 years ago on . Most recent reply

User Stats

34
Posts
3
Votes
Taylor Reichert
  • Madison, MS
3
Votes |
34
Posts

Full Time Employee and Landlord?!

Taylor Reichert
  • Madison, MS
Posted

Hello,

I am interested to hear from the landlords that have 40hr/week jobs. Specifically ones you can't break free from during the day. My goal is to replace my income with rental cash flow before I CONSIDER leaving my job. If I figure right I'll need 20+- properties.

How many properties do you manage?

How much time do you spend managing them?

At what point would you think about leaving your job or hiring a Property Manager?

Those who have done this, please, chime in.

Thanks!

Taylor

Most Popular Reply

User Stats

1,843
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863
Votes
Franklin Romine
  • Visalia-Fresno, CA
863
Votes |
1,843
Posts
Franklin Romine
  • Visalia-Fresno, CA
Replied

@Taylor Reichert Put in the double time now with your day job and real estate.   In the morning before working, during work, at night, saturday and sunday be working on your real estate goals and knowledge.  The double time today will pay off 10X.  What's the old Chinese saying... the best tree planted was the one 20 years ago, the second best is the one planted today... 

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