and currently make $50k a year by renting it out
That's close to two thousand a month
Must be a pretty good apartment or in a good location
>>28035288
Cut your expenses, start an index fund
Eventually the 50k will just be a nice bonus instead of your income
>>28035358
im currently saving for 10 years so i can buy another apartment and add it onto the collection
That's really not very much money.
Also how do you get just three apartments? Is it in Europe or something? Apartments here are all in complexes.
>>28035568
>doesnt know what a condo is
fucking retard
>tfw middle class income family
>2 siblings
>inheritance if any will be split 3 ways
>assuming parents don't live long happy lives using their wealth to keep themselves alive
>>28035288
Your living the dream.
Im in my grannys will to get one of her rent houses when she dies too.
I'll be making $500 a month from it then ill save and buy another and rent it out.
Gotta be a wage slave until the old bird croaks though.
>>28035288
>>28035358
>>28036409
Rental income is about to collapse all over the western world. 15 years of property bubble has lead to an extremely significant oversupply of houses which is in 2016 going to be finally felt.
Currently something like 10% of houses and 10%+ of apartments are empty in most western nations.
>>28036864
that upsetting. my older bro wants to invest in that shit. always sounded too good to be true to me but what do i know.
>>28035747
>Apartments are the same as condos
How have you gone through life this far without dying from stupidity?
>>28035568
>That's really not very much money.
Lol, you think it's better to work 40 hours a work for maybe 20k a year?