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Updated almost 4 years ago,
Best cash flow options in real estate
Hi there!
I’ve been an engineer for 30 years. I’ve bought and sold real estate but lost a bunch of gains in the 2008 crash. Also lived in California which was expensive.
I have 2 rentals at the moment with some equity but they aren’t cash flow positive.
I was laid off last week.
I will likely get another job before disaster strikes but would love to get into real estate full time. I’m a high wage earner and would love to replace or exceed my full time income.
What are some great money making strategies right now? I’ve considered selling homes but that doesn’t seem wise based on the inventory where I live.
Other ideas?