I wasn’t expecting to inherit a dime when my Grandparents passed away, although I couldn’t dismiss the announcement as fantasy after a copy of their will was procured for me.
Clear as afternoon they outlined their intentions for their estate plus how they wanted their remaining assets dispersed after their demise.
I immediately started thinking of ways that I could invest the currency, although I didn’t want to get swept up in a ponzi plot in the crypto currency world care about so many of my friends. Going the safer route, I put a tiny amount of currency into a stable crypto coin plus then used a great portion of the money to invest in the real estate market. For whatever reason, I convinced myself that I could make a lot of currency by purchasing a few properties plus then renting them out to tenants. I have handyman experience plus guess that I can service anything from plumbing to Heating, Ventilation, plus A/C, although I didn’t realize how destructive some tenants can be with your properties. You need to have annual property inspections so you guess the condition of your property on a yearly basis, catching any issues in the process. If my tenant fails their annual property inspection, I have the choice to void their lease plus they’re given a window of time to find a up-to-date home. Otherwise they have to forfeit their security deposit plus produce another one while I call my handyman service to service the problems in the property caused by the tenant. Some people who labor in real estate opt out of doing these property inspections, however they give me an extra layer of insurance in some regards.