Reply to Ever seem like people in the same HHI range as you are much wealthier?

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Reply to "Ever seem like people in the same HHI range as you are much wealthier?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our HHI is $180k but we have investments including 5 rental properties. We live in house in Chevy Chase. We're late 30s, early 40s so we had time to work and save. We started buying property in our mid-20s with money we saved working in high school and college. Our parents paid for college. We were on fellowships that paid for grad school. We caught the dumb luck of the fist dot com boom in the 90s-2000s and this latest tech upswing. She's a fed, and I work PT. Sometimes I think the neighbors see me bumming around and wonder.[/quote]

Ah...rental properties....what a miserable way to earn $$. BTDT.  Don't spend all of your life in this nasty business....cash out and enjoy your life![/quote]

huh?  I have a few rentals as well and wish I could buy more!  We make a net profit of ~5k/mo, and reinvest 3.5 of that a month with a robo investor. The balance on that account at this time is going to fund our retirement from age 52-65.  If it were not for those rentals, I highly doubt we would be able to retire at 52. I'm not even factoring in once we sell those properties...the cash out in 12 years will be well into the millions.  [/quote]

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