rooshvforum.network is a fully functional forum: you can search, register, post new threads etc...
Old accounts are inaccessible: register a new one, or recover it when possible. x


Inheritance and Life direction question
#26

Inheritance and Life direction question

Houses a great investment and security. The rent will increase in real terms with inflation, always ensuring you have a livable passive income stream.

You can also live in one of the houses, grow food and survive in a worse case scenario. You can pass the houses on to the next generation, permanent lifting your bloodline out of poverty.

For these reasons I recommend NEVER sell either of them.

Your job is to get the highest return possible. You are a property manager now, so learn your business. I don't mean spend money and go to college - you've already done that.
Learn to maintain the properties in a cost effective way, learn DIY. Learn about rental rates, how to acquire and manage quality renters.

Improve, maintain and look for opportunities to increase your return on investment.

All these still leaves you loads of time to start a side business (that doesn't require massive capital) if you want to make more money.
But you can live comfortably even if you don't succeed.

You are in the top 1% of wealth in the world and history, have a beer, sit back and reflect on how fortunate you are.

Don't waste it, don't blow it.

Good luck.
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)