Retirement???

Comments(6)

• 
  DaveT23rd December, 2003

  Quote:I know my specific situation is different from all of you.
  This is the landlord forum. Here experienced landlords address questions and problems other landlords and future landlords may have concerning property management or tenant relations.
  
  Many of us own some property free and clear, and have mortgage loans on other property.
  
  Many of us are part-time landlords while working other jobs, others of us don't have any W-2 income -- just unearned income.
  
  I am curious, how are you different from all of us.

• 
  richmonte23rd December, 2003

  I meant the amount of money I need to do this fulltime. Everyone has different needs. I was just curious if there are alot of people out there who do this full time with mortgages

• 
  WheelerDealer23rd December, 2003

  Dave
  
  hmm... i think the question might be: can you generate enough positive cash flow WITH mortgages on the propertys so that you dont have to work?
  
  Am I wrong?

• 
  richmonte23rd December, 2003

  Sort of. I have a good enough cash flow to stop working, I have always had a job. My situation about why Im still working is psycological. Im curious about the "masses."

• 
  WheelerDealer23rd December, 2003

  why are still working? what do you do?
  [addsig]

• 
  richmonte24th December, 2003

  Quote: about why Im still working is psycological. I own a property management company and I work as a sales manager for a financial planning firm