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Old 10-19-2017, 09:36 AM   #61
bumblebee
Yeah I'm flippin' YOU off
 
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Quote:
Originally Posted by Jae View Post

Seriously. My father-in-law retired a couple years ago and he appears to have aged 10-15 years in that time span, but he doesn't seem to do a whole lot besides watch TV. He also seems to be having a lot harder time with depression now, and I suspect it's partially because he's not doing much to keep himself busy.
He won't live long like that. People aren't designed to just sit around. We are like ships on the ocean.
As long as we have wind in the sails and a hand on the rudder we are at our best. When the wind goes calm and the sails get slack, the hand slips off the rudder and we drift without purpose.
Pretty soon the crew has scurvy, mutinies and puts our brain adrift in a row boat. Then we wash ashore on a deserted beach and are discovered by a tribe of half naked women collecting seashells and...

What was I talking about?

I better get back to work before my sails go slack.
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Old 10-19-2017, 11:03 AM   #62
gixxerbill
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Quote:
Originally Posted by Bounce305 View Post
this is the plan but you might need a few more houses than 2-3 unless you own them free and clear and they are on the expensive side.

i plan to retire between 50-55 and travel with the Mrs. by then both kids will be graduated and i will hopefully have enough rentals.

i started investing this year (im 32) and so far sold about 3 flips a few wholesales and that has led me to have enough capital to rehab and rent 2 properties with the 3rd being rehabbed now.

cheaper houses all around 100k and while the rent pays down the mortgage i still pull in about 300-400 per property per month after discounting for everything, not bad in my eyes.
Sounds like your doing great
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Old 10-19-2017, 11:06 AM   #63
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Quote:
Originally Posted by bumblebee View Post
He won't live long like that. People aren't designed to just sit around. We are like ships on the ocean.
As long as we have wind in the sails and a hand on the rudder we are at our best. When the wind goes calm and the sails get slack, the hand slips off the rudder and we drift without purpose.
Pretty soon the crew has scurvy, mutinies and puts our brain adrift in a row boat. Then we wash ashore on a deserted beach and are discovered by a tribe of half naked women collecting seashells and...

What was I talking about?
k.
I don't know but it was starting to get interesting except for the scurvy part. Were they big good looking like on the wonder woman island?
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Old 10-19-2017, 01:11 PM   #64
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Quote:
Originally Posted by bumblebee View Post
He won't live long like that. People aren't designed to just sit around. We are like ships on the ocean.
As long as we have wind in the sails and a hand on the rudder we are at our best. When the wind goes calm and the sails get slack, the hand slips off the rudder and we drift without purpose.
Pretty soon the crew has scurvy, mutinies and puts our brain adrift in a row boat. Then we wash ashore on a deserted beach and are discovered by a tribe of half naked women collecting seashells and...

What was I talking about?

I better get back to work before my sails go slack.
Give me a few million dollars and i wouldn't mind drifting without purpose for a little while
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Its the stupidity. It gets added to our forum in normal and controlled doses which actually serves to the benefit of the website.
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