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Updated 9 months ago on . Most recent reply

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335
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Chan K.
  • Lowell, MA
52
Votes |
335
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Landlord Leaving your Job

Chan K.
  • Lowell, MA
Posted

Hello Landlords,

Are you a landlord overseeing/managing your own rental properties?

If you do, how long have you been doing this? Do you still hold a full time job?

If you already left your job, do you regret it?

I have working full time and been managing my own rental properties for more than 5 years now. I have a good job and properties are cash flowing. I have been contemplating about quitting my job and go into really estate full time lately. I just want to hear people who were in this position in the past.

Thank You 

Most Popular Reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,946
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12,332
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

I manage my own properties. 

I have been acquiring and self managing for about 15 years.

I worked myself out of need for my day job as an engineer about 4 years ago and it has been great!

I like buying the 30k to 40k houses from motivated owners for cash and fixing them up to keep as rentals. They then rent for $1300 to $1500 per month.

I also have self directed ROTH IRA'S that each own houses. These are generating tax free income!

  • John Underwood
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