So Excited about 2009!
Well I've done it. A friend and I are going to be flipping real estate full time. Even with my basic frugal salary I will get, with all my passive income from my 3 rentals, and if I can even profit 500 a month from my computer repair biz, I'll be making about what I was before when I got laid off from the game industry. Thats not counting any profits from the home flips, which I anticipate will be good, even in this down market. If the profits are even small, I'll make more than I did at games.
Now I might be counting some chickens before they hatch, but it is looking really good. I absolutely love the real estate industry so far. To me the hard work is just part of the fun. I mean, I just get totally excited about being able to buy more properties and watch my income increase. Where can you put down about 5 grand and turn it into 400 a month positive cash flow?
Being able to plan my income over the next few years is an amazing feeling. With the game industry its feast and then famine, usually the latter. I've had it with that. The feeling of being successful and watching my investments perform is 1000 times better than being a starving artist in an industry that is just insane. I mean, it takes a few million dollars to make a B game these days, and years of work, the gamble and stress are just not worth it. Finally I can see a few of my dreams in reach, and its such a fantasic feeling to be able to create the life that you want.
Anyhow, I'm really excited about everything, and I can't wait to get started on this next project. I'm going to change the floor plan a little to make it flow better and make the upstairs a master suite instead of two dinky rooms and a hallway. I make my rentals pretty nice, but being able to go all out on a flip gets me excited, because we're going to redo the whole house and really make it sweet.
Now I might be counting some chickens before they hatch, but it is looking really good. I absolutely love the real estate industry so far. To me the hard work is just part of the fun. I mean, I just get totally excited about being able to buy more properties and watch my income increase. Where can you put down about 5 grand and turn it into 400 a month positive cash flow?
Being able to plan my income over the next few years is an amazing feeling. With the game industry its feast and then famine, usually the latter. I've had it with that. The feeling of being successful and watching my investments perform is 1000 times better than being a starving artist in an industry that is just insane. I mean, it takes a few million dollars to make a B game these days, and years of work, the gamble and stress are just not worth it. Finally I can see a few of my dreams in reach, and its such a fantasic feeling to be able to create the life that you want.
Anyhow, I'm really excited about everything, and I can't wait to get started on this next project. I'm going to change the floor plan a little to make it flow better and make the upstairs a master suite instead of two dinky rooms and a hallway. I make my rentals pretty nice, but being able to go all out on a flip gets me excited, because we're going to redo the whole house and really make it sweet.
posted by Joel Huenink at
1:46 AM
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