Passive Income - A Pipe Dream Or Realistic Real Estate Outcome

[Tyler Horton]

Huge Fan of Tim Ferris and the 4 hour work week and some of his stuff is what got me interested in real estate investment. My question is mostly about the prospect of so-called "passive income", basically earning positive recurring revenue sources with little to know work done to maintain it. Yeah it might be tough at first securing seed capital, finding a property, negotiating a pricing, and fixing it up, but once you have a rental with reliable tenants, can you get to a point where you have a passive income type setting. Or is there always going to be something that comes up and makes things tough. Does hiring maintenance companies or hiring maintenance people relive some of the problems or just make it unprofitable. 

Looking to hear from some rental property veterans on your thoughts.

[Alex Deacon]

@Tyler Horton Never read the 4 hour work week but the title in itself is unrealistic IMO and dreaming. 25 years in the business and I put in 50 plus hours a week. I dont know any successful business people that dont work hard and work SMART. AS far as passive income and setting up for your financial future through RE investments that is absolutely one way to go but its a hard journey and be ready to work your behind off and make a lot of mistakes and potetnially lose a lot of money and sleep until you pay your dues. ITS NOT EASY BUT WELL WORTH THE STRUGGLE. Educate yourself, learn from others who are highly successful and take action and dont look back