A millennial California couple with 6 rental properties says anyone should take 5 steps before considering real estate for passive income
"I ended up reading a ton of books. I went to the library every week and just checked out all these," Crystal said."I had to read them in the evenings, on my breaks, and I listened to podcasts."
If you do want to become a landlord, however, Crystal said it's important to network with other property owners who have more experience than you do. "Go to networking events, meet people in the space," said Crystal."Pick their brains and see how they got to where they are. Success leaves clues, and you can figure out how people got to where they are now by their journey."
Crystal then took it upon herself to interview five or six other managers. Her gut told her they should go with one of the more expensive options, they remember, but they've found that manager is worth every penny and they have no regrets about making the investment. Crystal is a lawyer-turned-life coach who works full-time, but said that dealing with their investment properties is, at a minimum,"a part-time job.
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