I started getting into real estate when I was still 20.
I lucked out by buying a small home that was on a sand patch that was once a lake.
When the lake came back I hired out home repair services and sold the condo for a large profit. I have since done this quite a few times. I look at homes for sales and apartments for sale. I either have a general manager service them and flip it, or I keep the venue for rent. Having apartments for rent and homes for rent makes quite a bit of money. Those monthly paychecks I do put into our rentals. I feel like I am consistently hiring out handyman tasks in order to keep the sites going. It sometimes is a furnace repair, electrical issue or a plumbing emergency. Nobody is just perfect, you know. There occasionally is money leftover to put into another rental though. Right now I am looking into commercial property sales. I want to change over from apartments and homes to storage facilities and businesses. My ideal would be to own a mini storage facility and rent out each unit. Can you imagine the money I would make from this? I am not against buying a building or a plot of buildings and having corporations put in there, but dealing with a company owner rather than a tenant is a much easier process. You respectfully get a better quality of person this way. They are better about paying the bills and will stick around loger. I suppose there are even some property leases that state the renter has to spend our savings for all the repairs.