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Buying & Selling Real Estate

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Steve Drake
  • Investor
  • Austin, TX
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Making the transition out of 8 to 5 job

Steve Drake
  • Investor
  • Austin, TX
Posted Jul 26 2015, 04:40

To you old salts, gender neutral :),

As an investor with 25+ years experience and a portfolio of single-family detached houses that have been rented and managed through those years while holding down an 8 to 5 office job, I am inquiring from those of you who have transitioned out of the 8 to 5 rat race into full-time living off your investments how you did it. Would welcome your ideas?

Was it a combination of X number of properties with X amount of cash flow? Cash flow from rentals plus buy and sell, or buy, rehab and flip? X number of properties with selling some and taking back the paper?

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