Side hustle?

[Lord Manhammer]

Not sure. But as was demonstrated, a well trained driver can control a car better without ABS

but you said it right there - most drivers aren't that well trained.

 

[Robbie Cottam]

I buy, maintain, and rent out houses - 3 long term rentals and one short term rental (near Disney). This year I made -$1,000 (not a typo). It was my best year yet!

In my younger days, I did security as an off duty officer, I taught the AAA safe driver course, and was a Disney Travel Agent.

I am saddened by my son commenting that his almost full time job (32 hrs/week) is exhausting. Where is the hustle? Between overtime and part time, I used to call my 60 hour week my short week.

Ouch,
‘so much risk!
what do you see as the reward?

 

[Cannot_Wait_4Disney]

DH and I are landlords for two separate vacation rental condos in the same high rise building in Ocean City, Maryland. A property management company handles everything.

Perhaps in 2025 we’ll stop renting out one and live in it full time from May to October.

Ocean City Police how may I help you?
Yes, I'd like to report someone for having a disser party and trashing my condo. Ok what's the name.
Onion boy
Click. Dial tone.

 

[tvguy]

but you said it right there - most drivers aren't that well trained.

The ones that are driving the patrol cars are supposed to be.

 

[Lord Manhammer]

The ones that are driving the patrol cars are supposed to be.

Well.....in some cases....

 

[RedAngie]

Ocean City Police how may I help you?
Yes, I'd like to report someone for having a disser party and trashing my condo. Ok what's the name.
Onion boy
Click. Dial tone.

All variations of your name are already on the “Do Not Rent To” list.

 

[china mom]

Ouch,
‘so much risk!
what do you see as the reward?

With the rentals? I budgeted for the risk. In other words, in a worst case scenario, I can cover losses for a wile. Hopefully, I will eventually have better luck with tenants and not have such a high turnover expense (I have one house that is a problem). As rents rise but my mortgages stays the same, I will eventually be at a point where I at least break even each year (and hopefully make a profit).

Rewards: If I do hold all the houses, my last mortgage will be paid off when I am 85 and my gross rental income (based on current prices) will be @$100K a year. But more realistically, I will one by one, sell houses and cash in on the equity.

 

[Robbie Cottam]

With the rentals? I budgeted for the risk. In other words, in a worst case scenario, I can cover losses for a wile. Hopefully, I will eventually have better luck with tenants and not have such a high turnover expense (I have one house that is a problem). As rents rise but my mortgages stays the same, I will eventually be at a point where I at least break even each year (and hopefully make a profit).

Rewards: If I do hold all the houses, my last mortgage will be paid off when I am 85 and my gross rental income (based on current prices) will be @$100K a year. But more realistically, I will one by one, sell houses and cash in on the equity.

Ok,
So you’re doing the same thing with house that I did with my DVC points …
I get it now