This may be a pipe dream financially and if it is would certainly entertain a main building with cottages.

A new property (3BR, 3.5BA, 4 floor) we are analyzing passes all the check marks for investing viability, except for financial from the way I look at it.

At some point (it may be too early), you will need to start thinking about business succession planning, and when that comes to play, understanding what your options are will be instrumental in helping you make a good decision for your financial future.

I'm in my mid-20s and have become interested in real estate investing through my main passion of financial independence.

Since then he has mostly bought apartment complexes and has never lost any money and talks down about owning less than 32 units which usually allows you the chance of hiring an experienced Property Management Company to handle the daily operation that includes the screening and maintenance and you just manage the managers and get regular (once a week) financial statements and you still have positive cash flow.

I do have a lot of "roundabout" knowledge of real estate because I've listened and read many hundreds of hours' worth of financial independence podcasts and books.

Do you mean financially or purely from an interest perspective?

I've listened to about 15 bigger pockets podcasts, read the ultimate beginners guide, read "Rich Dad, Poor Dad" and "Money Master the Game" by Tony Robbins as a start to my REI/financial education.

It (literally) pays for you to put rules & processes in place so that you can work with them when they have a TEMPORARY financial emergency without losing moneySection 8 probably skews the rules for dealing with low income tenants because keeping the voucher is probably a motivator.

Hi Gang:So I was just listening to Episode 290: 7 paths to Financial Freedom and around strategy 5 or 6 the host(s) mentioned buying 1 house per year for 15 years.