I bought my stuff cheap for cash, most over a decade ago.We still find distressed properties and motivated sellers willing to get rid of unwanted properties cheap that we fix up and rent out.I also use cash from my self directed IRA to also buy properties for cheap.

Right now I have 4 units under management and 2 units that I self manage.

This is another reason we like Self Storage. 

A defense attorney will not be able to get this information for purposes of a lawsuit. 

If you are going to self-manage, check out the RPOA for support and information on local and state-wide issues affecting landlords. 

You will want to make sure that you record your depreciation schedules the correct way if you are self preparing.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Some of her properties are in her self directed IRA.  

Determine a goal you’d like to work toward financially, is it “financial freedom” (whatever that means to you), buying a business, becoming self employed, becoming a full time real estate investor, having enough cash for your kids college education, having enough to retire, becoming a centi millionaire, etc.3.

I would bet the most of us self manage.