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Updated over 9 years ago,
What if you make a lot of monies with day job?
I like my day job and expect to make a six figure salary in a few years. I hope to invest in a couple of multifamily properties. I used to think of real estate as passive income but being in this forum for a while I now realize how much work is involved in running your own properties. But I cannot afford to manage my own properties, time spent at day job just bring in more monies than time spent managing the in/outs of the houses. Are there people out there whose day job bring in significant cash to a point that managing your own properties just does not make economic sense? What are your approaches? Many people would suggest management companies and I think it's an excellent choice. But is it a good idea to start outright with management companies when you have no experience with in/outs of running the business?