Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

But in my experience, you would be better off spending that same amount of time/hustle working a second part-time job with guaranteed income, then investing in buy-and-hold properties. 

The HELOC would act as en emergency way to tap into their equity if needed - as long as they don't spend it unwisely!

You don't have to spend a fortune and buy a house directly on the beach to do well, but your starting price point for a viable option in this market is around $350-$450k for a solid 2-3 bedroom oceanfront condo or around $500k for a 3-4 bedroom house within walking distance of the beach. 

There are certain things that require experience that DIYers just can't get right or spend way too much time trying to do.

Spend your time and money learning how to avoid that kind of situation rather than learning from on the job training.

That's why we require clients to spend a couple days with us in Milwaukee up front, so we can get on the same page and determine an asset quality.Hint: the hood looks much better on a spreadsheet than up close in person.

Time is a valuable resource and "spending" it everywhere at once isn't worth the effort.

Don't spend time looking for something that doesn't exist.