Despite what you might hear on the 3am infomercials, real estate investing is hard work.
Barbara explained in an earlier post about why she gave up being a landlord decades ago because of the constant headaches.
I can relate. I started buying rental property early in my 20s. I had worked as a commercial real estate agent and wanted in on the cash returns and seemingly endless appreciation that was just getting started in 2002.
I soon realized why real estate investing is far from the passive income strategy many websites make it out to be. Have you ever been called at 5am to light someone’s pilot light on a water heater? I have…many times.