You’re making passive income from disability, a pension system that no longer exists, and owning 3 houses you didn’t pay for based off of programs no longer available to anyone starting out now. While collecting “market rate” rent (which conveniently always increases).
The disability, I’m fine with. My buddy had the same thing from the Marines and he more than earned the 100% rating, as I’m sure you and your wife did.
However, this whole thing where you’re talking about with retiring off of passive income… that was a LOT of words to say:
I’m a landlord
I really wish you would have said this first, because your long winded story about houses and “passive income streams” gives me the impression that you know the house-related part all boils down to being a landlord, and I get the impression you buried that fact to obfuscate it. You’re making money from other people’s work, in the form of the rent they pay to you (minus a small fee to the property managers), while doing literally no work yourself, as you explicitly explained.
You’re making passive income from disability, a pension system that no longer exists, and owning 3 houses you didn’t pay for based off of programs no longer available to anyone starting out now. While collecting “market rate” rent (which conveniently always increases).
The disability, I’m fine with. My buddy had the same thing from the Marines and he more than earned the 100% rating, as I’m sure you and your wife did.
However, this whole thing where you’re talking about with retiring off of passive income… that was a LOT of words to say:
I really wish you would have said this first, because your long winded story about houses and “passive income streams” gives me the impression that you know the house-related part all boils down to being a landlord, and I get the impression you buried that fact to obfuscate it. You’re making money from other people’s work, in the form of the rent they pay to you (minus a small fee to the property managers), while doing literally no work yourself, as you explicitly explained.