Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 15 years ago,
Need Direction
I have been lurking for a few years here, and have posted a question from time to time, but am closer to being serious about this whole thing. Here is my situation: I have a 40 hour / wk work schedule that is not demanding. I probably "work" 25-30 of those hours each week, and gross 130-150k. After my passive income, I have to come up with probably $700 a month for my family to meet bills (house is paid off). We have 40k cash right now and basically I want to get into real estate - I want to have more passive income! If you were in my shoes, what would you do? Rentals, flipping, commercial etc? Would love to hear your thoughts!