Archive for the ‘Do It Now’ Category

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My dream house … is a rental

Friday, April 18th, 2008

Next week, we move.

I’ve just invested around $24,000 to fix up my dream house and If all goes well with my new business I’ll put another $30,000 into it before the end of the summer.  It doesn’t sound like a lot for a nearly complete remodel until you hear that I’m only renting it.

I’m a financial and legal expert and yet I’m making investments in a rental that from the outside looking in appear to be insanely stupid.

Here’s why I’m investing more than $50,000 in a rental.

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