[quote=flu][quote=flyer]The main thing about all of this is that it sounds like you’re really going to enjoy the experience, as well as the financial rewards.

In my book, that’s the only way to live–enjoy![/quote]

I try not to get too excited about every new thing. The reason being is I’ve been around enough to realize that the grass is greener when you aren’t there. I’m sure every place has their issues. I would have been perfectly happy if I could stay where I am at. But then I also realize, I was getting too comfortable and tolerating things too much. So we’ll see. That said, I’m not ready to retire both financially and because I think I want to try to milk as many years more as I can doing what I do before people really don’t want me anymore.

In the meantime, I still need to build my real estate empire so when that day does come that I can’t work anymore, plan B is already alive and in auto-pilot.

I need to teach my kid to start investing much earlier in real estate. Starting at 30ies is just way too late if you are starting from nothing. One property per year netting $1000/month x10 is just unrealistic. More like one property per two years, maybe three if prices stay the way they are at. So to acquire about 10 properties, one probably needs closer 15-20 years..So kid should probably start when they are in their mid-twenties[/quote]

Agree building the real estate portfolio is a great idea for you and your family. It’s worked out great for my grandparents, parents, as well as for us and our kids, whom I sure will also pass it on.