Passive Income Deferred (Interesting Times We Live In)

by FI Fighter on July 13, 2017

in Real Estate Thoughts, Real Estate Updates, Steemit, Thoughts, Updates

Having spent essentially an entire year out of the country, you’d be quite right in assuming that the thought of passive income crossed my mind on a regular basis.

Yes, even when I’m out here enjoying some continue reading at Steemit

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{ 2 comments… read them below or add one }

1 JamNo Gravatar July 21, 2017 at 2:01 am

HI fifighter – so I’m going to be selling my primary residence very soon and expect I’ll be able to net around 35k once it closes. I really want to use that money to start investing in RE. I’ve thought about investing off and on for a few years – but at heart I’m a pessimist and a overthinker by training. So, I’ve always talked myself out of it. Reading this article – it seems you’re making the case that I should store that money away and (wait………..) until crisis in the market happens again. Would this be your advice to me?

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2 FI FighterNo Gravatar July 21, 2017 at 6:57 am

Hi Jam,

I’m not in the position to give advice to anyone and can only speak as to what I am doing myself. In the case of REI, my preference is to only purchase Class A properties in the best locations with the highest quality schools. Don’t type of homes aren’t cheap right now, so my own strategy is to try and wait things out.

Nobody knows when things will turn, so it’s a waiting game that isn’t suited for everyone’s goals. For myself, I’m pretty stubborn, so I’ll try and hold out until I can get some much better buying opportunities.

All the best!

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