Investment property

Discussion in 'Holding Tank' started by Justin1982, Jan 10, 2020.

  1. Justin1982

    Justin1982 New Member

    29
    Dec 27, 2019
    Shelby Township, MI
    1984 unknown and will update when I can confirm
    305 228
    Does anyone in here do any kind of investing in real estate? I'm speaking of long term or vacation rentals, flips, wholesale, is buying/selling slips a thing?

    I get the impression lots of people on here have quit good jobs or own their own business. I'd like to know if there is anyone who makes their primary income from the land side of things.
     
  2. Maggieiscrazy

    Maggieiscrazy Active Member

    300
    Oct 14, 2016
    Northern Wisconsin
    240 Sundancer
    5.0. Bravo III
    I have 3 vacation rentals in northern Wisconsin. I get $1600 a week each during summer months. A little less in the off season. I never planned on getting in the rental business it just happened. It’s a nice supplemental income.
     
  3. Justin1982

    Justin1982 New Member

    29
    Dec 27, 2019
    Shelby Township, MI
    1984 unknown and will update when I can confirm
    305 228
    What areas?
    We've ran numbers on several vacation rentals, they always seem to have mediocre returns or negative. I mean it's great if you are ok with that.

    They are nice because you can use it when you want to get away.
     

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