Anybody own rental properties?

[toomanycamaros]

@Jammer

I have many rentals now…for a reason… …because I started in my early twenties. People end up buying you houses is the bottom line. All the pain in the ass aside… thats the end result. Wouldnt it be nice for other people to have bought you, say, ten houses,and paid for them for you…in 20 years?

Paco will be still paying for his homestead, after possibly years of renting and buying a house for someone else. . Dont be a Paco.

Money in the stock market… could cut 75 percent…one dirty bomb on US soil.
Gold is profitable enough now theat they are opening mines like crazy…but a fair bet.
Inflation will happen, so the mattress isnt an option and 1 percent from a bank aint shit.
It doesnt matter if you overpay for real estate…eventually someone else pay for it in full for you.
I started in a two family.

People that have money and dont invest in real estate astound me.

Sounds like I’m in a similar situation to what you were. 22 no debt good credit and decent job. I would like to get into this and see where it goes as a potential for additional income down the road. Do have an LLC or corpation setup to insulate you from any legal and financial issues associated with the rental units?