Renting, Leasing and Property Management for Income

I started into real estate acquisition when I got married. My wife and I both wanted to be able to retire young, but we needed to secure an income we could generate without first spending years in training. We had both dropped out of college and were already in our late twenties when we got married. Using our clean credit and day jobs as buying power, we started buying houses. We both had a course in leasing agent training to get renters to sign leases, and the rest is history.

One purchase lead to another as far as houses and properties were concerned. We have even flipped a couple of houses that were too good to pass up. I had went to school for carpentry as a young man. That nine month course helped me identify what I needed to know about structures that were viable for flipping. Plus, it helped me with sweat equity getting the work done right and cheap when necessary. It was always a balance of time versus money. (more…)