At first I was all for spending all my earnings on stocks but my focus is on cash flow & passive income and every kind of stock strategy I looked at just didn't seem worth it to me since inflation and other factors just make buying stock less appealing.

And even if reserves look strong, be aware that you have almost no control over what the board does unless you are on it, and with the one condo we do own, I'm shocked at what they are willing to spend on, and they have no problem raising our condo fees each year.  

That's the same question I've been asking myself the last year :p Still super fun though.I recommend: save 10%, donate 10% to charity, and spend 80% of the money on the things you and your brother truly enjoy or have always wanted to do.

Personally, business or personal I love spending time with like minded people and would love to connect with some of the bigger pockets members in the area! 

Spend $1000 a month and do 1 deal.

ive said all these:"not as much as youd think for what I deal with.... i mainly do this for the freedom so I can spend more time with my family.

I got a chance to spend a lot of time learning with the Online Trading Academy there (stock, futures, commodities... ect) They usually are hosting free introductory classes where you can meet a lot of great business owners with free cash flow looking for ways to supplement their income without financing the courses.

Unless the master is huge, I have a feeling most people would prefer to have the extra space in the master for other stuff.It may cost a bit more to move the plumbing, but unless you're seeing other houses in your area that have a washer/dryer in the master, it's probably better to spend the money and make the house more conventional.

In the big picture to spend $80,000 on a million dollar property is basic in the big picture.

We scoff at the 80% who just spend the $10K and have nothing to show for it at the end of the year.