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Updated over 6 years ago,
Is being a land lord a "meaningful" job?
So right now I work in the back office of a bank, financial processing. Pretty boring, all day I'm buried in excel. Very unexciting. Every day is the same. I feel like a drone, very little decision making. It's cushy though, I'm paid pretty well etc.
Right now I'm investing in real estate. Sometimes I daydream about becoming a full time land lord.
Would that be preferable to what I do now, or should I just accept a lower return and get a property manager?
LL have a bad rep. If you're a good LL to your tenants (as long as you aren't a pushover), I think it would feel good. You're making big decisions. You get to see run down apartments get renovated and look beautiful. You're up and about talking to people (I'm a cubicle monkey). You "wear many hats" (to use a term used too much.) Yes there's crap you have to deal with, but that comes with any job.
What do you think? Am I just being too idealistic?