03-04-2020, 09:48 AM
(03-04-2020, 09:35 AM)WRXtranceformed Wrote: I'll say it once again, residential real estate investing is not worth the time, investment funds, energy or effort unless you are a slum lord / own a trailer park or you have the capital to front for commercial condo buildings. Commercial real estate >>>> all without question but that also takes a lot of capital and knowledge.
I'm diving into it this year, with the expectation that I'll hire a property manager and that its easier to build equity rather than more savings. It may take some work to find a good one that will look after the place, though. I also dont expect to quit my day job.
There seems to be a lot of info and support here - https://www.biggerpockets.com/ - I've been reading there a lot. One of my goals is that it will generate passive income once I'm done with the rat race.