Updated over 9 years ago on . Most recent reply
New Investor Interested in Buy and Hold Cash Flow Properties
Hi Everyone,
I am new on here and hoping to learn as much as I can about investing in Cash Flow rental properties. Am mainly interested in long lasting cash flow VS flipping or appreciation speculation. Am tired of the rat race and want the freedom that a passive income would help provide. I have a great job but am tired of having to physically be present for every $/hour and don't want to work like this for the next 30 years waiting for cancer to take me.
Am hoping to meet good people and learn as much as possible so I have the tools to start making this passive income a reality sooner than later. Any help is much appreciated. Not exactly sure where else to start but am doing everything I can to educate myself.
Most Popular Reply
Hey Scott! I'm in the same mindset as you. I'm all about any money I can get that requires as little work from me as possible. Flipping and all that sounds great, for anyone interested in it, but I'd rather hang at the beach (and contractors drive me absolutely crazy....I'm certain my lifespan would be shorter if I had to deal with them regularly). I'm in LA so the prices (and returns) are similar to NY, so not feasible from the passive cash flow perspective. I've always bought out-of-state because of it. I may not make as much on one of my properties as I would if I flipped it, but I'll take the passive/no work thing over that any day!