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By RB (registered) | Posted December 05, 2011 at 11:13:33 in reply to Comment 71803
I hear ya, but everyone has their own reasons.
Some think they can ride along, with minimal involvement/cost, and just make free money every month (even though you DO have to claim it). Those are the ones who watch too much HGTV.
Others have loftier goals, and see this as a means to an end: one house > leads to more houses > sell them then buy a building & have it professionally managed > collect more revenue. You're never really "sitting back and relaxing"; I know a good amount of people who own large investments properties and NOBODY is relaxing where their $1M+ investment is concerned. That's why they can afford to spend $1M+ on an investment... cause they are concerned, proactive & hard-working, not lazy & reactive.
I think most see it this way, but find the road to get their very daunting & eventfully not worth it. That's why the guys at the top are who they are... they have the determination.
It's tough and stressful, though. Remember, nobody cares about your property as much as you do. Nobody.
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