I started getting into real estate when I was in college.
I lucked out by buying a small lake condo that was on a sand patch that was once a water spot. When the lake came back I hired out beach condo repair services plus sold the condo for a crucial profit. I have since done this quite a few times. I look at homes for sales plus apartments for sale. I either have a general contractor repair them plus flip it, or I keep the locale for rent. Having apartments for rent plus homes for rent makes quite a bit of money. Those daily paychecks I do put into my rentals. I feel like I am typically hiring out handyman tasks in order to keep the locales going. It sometimes is a heating system repair, electrical issue or a plumbing emergency. Nobody is just good, you know. There sometimes is money leftover to put into another rental though. Right now I am looking into commercial property sales. I want to change over from homes plus apartments to storage facilities plus businesses. My ideal would be to own a mini storage facility plus rent out each unit. Can you imagine the cash I would make from this? I am not against buying a building or a stretch of buildings plus having businesses put in there! Dealing with a corporation owner rather than a renter is a much easier process. You respectfully get a better class of owner this way. They are better about paying the bills plus will stick around loger. I guess there are even some property leases that state the renter has to spend my savings for all the repairs.