We are about to retire and are starting our RE business journey

[Terry Ellis]

My wife and I are close to retirement. We joined BiggerPockets about four months ago and We’ve been reading and studying a lot about the real estate business. We would like to get into multi family real estate. When discussing with one of my daughters about our early beginnings in this journey, my daughter comments I ask you a question “why would you want to get into so much work with real estate when you’re about to retire and relax?

My Question:

If we buy real estate, but have management farmed Out to a management company, how much work is there from day to day? (Let’s say if we require 100 doors via multi family apartments)Is it like an 8 to 16 hour job every day like I’m doing now? Thank you for your input.

-Terry