Okay, so my plans to be a real estate baron haven’t started out all that great.
That’s not something that I expected at all when I decided to go this route.
It all started when I was offered early retirement from the zone controlled HVAC in our offices. The company came out of the pandemic hobbled a bit and is looking for corporate suitors to sell to. That meant getting rid of a lot of the higher salaries through early retirement. I was all in for getting out almost 10 years early without any sort of penalty. I loved working in that zone controlled HVAC with all my colleagues. But being able to pursue a new passion was just too much to pass up. So I took the early retirement and the first thing I did was to buy my first rental property. That was the plan for my retirement. I loved the idea of buying smaller properties, fixing them up and then renting them out. It was the perfect way to earn an income while doing something I like to do. All of the renovations on the homes we planned to buy could be done by my wife and I. Of course, stuff like the HVAC, plumbing and most electrical would be handled by the pros, we thought we could take care of the rest. However, we weren’t as fast as we thought we’d be. Thankfully, our HVAC contractor was able to come through for us with a ductless heat pumps solution. This HVAC professional was able to get the ductless heat pumps installed and working just days before our first renter was set to move in.