How does everyone stay on track?
I am in the process of working through the plan. I am selling off a lot of toys and misc stuff. I finally got all of my RC airplanes out of the attic and have about 10 emails from a craigslist listing on them. Should be able to make 1500-3000 off of them. Also have 3 jetskis that are going this weekend also. Conservative estimate of 3-4k income from all of this. Sent in my paperwork to cash out a 403b worth about 4k and with income tax and saving the rent checks we should be able to scrape up almost 10k in the next month.
Sure would like to have a bass boat.
We are looking to buy 2 properties this year. Our goal is 10 houses in 5 years cash flowing 150-200 a month.
Sure would like to have a boat though.
How do you keep on track and not go back to the old way of thinking. When I get a large sum of cash it is hard to keep from spending it. We have a saying about that but it is not very politically correct:nono: I know if I can just stay on track for 5 years the houses will pay for the toys. But getting past that urge to have fun now is difficult.
My wife is completely on board and told me if I buy a boat she doesn't want to ever hear about buying a other house again. Gotta love her!
I am in the process of working through the plan. I am selling off a lot of toys and misc stuff. I finally got all of my RC airplanes out of the attic and have about 10 emails from a craigslist listing on them. Should be able to make 1500-3000 off of them. Also have 3 jetskis that are going this weekend also. Conservative estimate of 3-4k income from all of this. Sent in my paperwork to cash out a 403b worth about 4k and with income tax and saving the rent checks we should be able to scrape up almost 10k in the next month.
Sure would like to have a bass boat.
We are looking to buy 2 properties this year. Our goal is 10 houses in 5 years cash flowing 150-200 a month.
Sure would like to have a boat though.
How do you keep on track and not go back to the old way of thinking. When I get a large sum of cash it is hard to keep from spending it. We have a saying about that but it is not very politically correct:nono: I know if I can just stay on track for 5 years the houses will pay for the toys. But getting past that urge to have fun now is difficult.
My wife is completely on board and told me if I buy a boat she doesn't want to ever hear about buying a other house again. Gotta love her!
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