What are some reasons you feel people get into real estate investing in the first place? What keeps them doing it?
The keeps them doing is part is addiction for me. Once you see that first rent check and the cashflow, you just gotta have more of it.
Getting in part was really timing. When we saw units that were going for 215K in mid 2007 and selling for 75K in late 2008, we just said we can't lose with that and took the dive.
@Steve Rozenberg Real estate can provide another form of income, and be as active or passive as you want. Looking at real estate for the passive income could lead to an early retirement, away from the typical W-2 job many people have. With enough passive income to support your lifestyle, you can spend more time doing what you enjoy. The majority of us assume that we will live to an old age, but that is not always the the case.
We should focus on enjoying the time we have now. AND build a future we and our next generation can live off of.
@Steve Rozenberg multiple streams of income and the pursuit of financial freedom.
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