From 7 Rental Properties to 1 Index Fund: My Simplified Investing Strategy
At one point, I owned seven rental properties. Today, I’m down to just one (and I’m getting ready to sell it soon).
No more tenants, no more maintenance calls, and no more juggling spreadsheets and 5,000 receipts at tax time… I’m moving all my money into one low-cost index fund strategy that’s easier to manage and way less stressful.
I’m not saying real estate isn’t a good wealth-building tool. It’s worked out well for me.
But I learned (the hard way) that passive income isn’t always passive. Here’s the backstory and my plans moving forward.
What drew me to real estate in the first place
Fresh out of high school, I was eager to build a real estate empire.
My original plan was to buy 10 solid rental properties, each cash flowing around…
