For those of you who have a side gig in real estate, what do you do and how much $ do you make from it?

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2 rentals. 24k gross, 7k net after mortgage, insurance, maintenance. I manage it myself.

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Rentals. 30k a year net. Not very helpful without context is it :). Your question is very broad.

I don’t have any experience in it, but a recent conversation with a friend made me curious. All I knew is some people buy properties and flip it, or put it up for rent or invest in reit. Was curious what are some broad ideas a d which ones are worth getting deeper into.

Some specific Q’s for you, if you don’t mind answering - how many properties, where are they and what’s their value that gets you 30k net?

3 properties, 11% ROI

1 rental (my first home converted after 8 years). Net 700 per month before maintenance/repairs. It's been a bit of a money pit (new roof, gutters, chimney, more to come...) but it's a long term strategy. Would love to use its equity to get another rental and flip something eventually.

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Hey Folks - I’m planning to buy my first home in a metro that I want to move away in 5 years or less. In this case, is it wise to choose an 5 year ARM rather than 15-30 Y loan?

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Can anyone explain why the Aston southend is so expensive ? 2.9k for a 1 bedroom?

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Hoping to have a conversation with my dentist’s business manager spouse tomorrow about their 401k. They haven’t priced their plan in 15 years. What documents do I need to ask for to do the research?

How much money do you have saved up?😳

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Knowing that the point at which you switch from Roth 401k to traditional 401k is typically a calculation of the income you forecast you’ll draw down in reticent, at what salary are you/did you switch from Roth to traditional 401k? I’m making $100k now and thinking about making the switch soon.

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Does it still make sense to purchase rental properties in HCOL markets like LA? I was passively looking before the pandemic, but it seems like things have gotten pretty insane. Lot of properties just won’t cash flow.

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Is the extended tax deadline extended from 10/15 to 01/15 too?

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please suggest some interview questions in SAP BW for 4 - 5 years experience consultant?

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What other bowls here are worth following?

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Productivity will be down 25% from now until the end of March Madness

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What exit opportunities exist for a big 4 corporate tax manager besides just taking a similar job in industry? Thank you!

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Additional Posts in FIRE Financial Independence Retire Early

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Hi All,

I have reached FI. After working abroad, I am back and looking to buy a primary home in the US. I can buy the house in cash but want to keep my assets invested.

As 30-year loans are <3%, I would love to get the maximum loan possible (>=80%) at this rate.

Since I don’t have W2 income will a bank give me a mortgage and can it be below 3% interest? I think these are called “asset based mortgage loans” or “asset depleting mortgage loans.”

Any ideas about banks will be much appreciated.

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Should i be paying down my mortgage fast, or aggressively investing instead? My salary is 200k, my mortgage is 1700 but I pay 3000. I’m in big law (second year) and not sure how long I can last in this job, so that is why i was trying to pay my home off as much as possible (it cost 350k, i have 315k remaining on the balance)

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Hi,
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