Small Business Owners & Entrepreneurs

also, how much is your money costing you.
i got a 2 flat in my divorce, and put the cash i got into rescuing a cute little single family.

i'm in a low density part of chicago. single families and 2-6.
but there are quite a few 30ish unit buildings on the corners.

i have a small mortgage on the 2, easily paid w 1 check. the single is free and clear.

i make a tidy living. but if i was in big debt, it would be a lot tighter.
it's a reliable long term investment, but it has its risks.
the liabilities can be huge. if you arent improving when you get the chance, you rot your capital.
and these days disasters arent if but when.

i was in the middle of upgrades when the plague set in.
didnt get things back on track til feb. if i had done this on a shoestring, i would have hung myself w it.