03-01-2016, 04:19 PM
(03-01-2016, 04:00 PM)StrictlyBiz Wrote: Real estate. 2 bed townhouses specifically. Not sure about your market, but in mine if you buy smart that will buy one unit free and clear and earn you about a $1000/month revenue stream.
Don't buy a $100K unit. Use the $100K to leverage $300-$400K worth of property. The income stream should still cover the mortgage/insurance/taxes/maintenance/etc.
Plus managing property doesn't take 20 hours a week. It takes more time than most people think, but not 20 hours every week.