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Updated over 5 years ago,

Account Closed
91
Votes |
145
Posts

$150,000 W-2 and RE investing. An observation

Account Closed
Posted

RE isnt going to get you there.   Case in points.

1.   Dave Ramesy loves RE yet readily admits biggest wealth generator is a W-2 job.

2.   Notice how many SUCCESSFUL RE investors have joined  the BP payroll.  Im sure at healthy salaries.  Do the math on how much RE it takes to benerate $150k a year at todays price levels.     And remember HEALTH INSURANCE,  all of a suddent that $150,000 is $180,000.

3. It takes years to benefit from simple rentals.  And thats for those who arent recent buyers.   Do the math on $100 plus a month rentals.

4.  Those multis that everyone wants.  They not so great after immense  rate compression.

RE is just an investment.   The only way you end up in Mauis surfing like Phil Pusjestoski is to sell programs that tell others to do what he does..................................lol.

Otherwise its a long slow grind.

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