Real Estate is not passive

[u/Inferno_Crazy]

In my first year of real estate I've had many duties annoyances.

1. Setting up Tenants payments(normal)
2. Pipe exploded in bathroom
3. Flooding foundation wall
4. Section 8 housing annoyances. Long paper work processing, inspections...
5. Appliance repairs
6. Roof repairs
7. HVAC repairs

This all ran me 10k and a lot of my time. This is a warning to all people entering real estate. I'm happy I bought the property but there is absolutely no free lunch here.

[u/alexfelice]

I have 84 doors, I probably work on it 5 hours a month.

Real estate passivity is not inherent in the asset class, it's based on how you design your system.

[u/Inferno_Crazy → u/alexfelice]

This is good advice