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<p>[QUOTE=&quot;stevereecy, post: 4821090, member: 19884&quot;]I originally got into real estate to make money and get out. But the 2008 crash changed that.&nbsp; After fighting through that period of time I became more efficient. When I began to realize that if I sold my equity I can’t really identify a place to put the funds that would give me as much return. They yield about 8% after taxes and rents keep rising.&nbsp; If I gave 10% to a Management company I’d lose another percent off that return. So I would yield about 7%.&nbsp; Then I would only need to make the big decisions. That being said, If I have a good maintenance guy it really wouldn’t bother me to run them myself.&nbsp; I have considered banking some of the money to make down payment on additional properties as long as they were large down payments so that the cash flow it would be obviously a safe investment.&nbsp; Understand that I do not advocate that Anyone become a landlord anymore than someone should become a banana farmer. There are a lot of risks in the learning curve. That being said there are people who banana farm every day and are good at it. And I understand the ins and outs of running rentals. </p><p><br /></p><p>For what it’s worth&nbsp; the concept that cash on hand is just as important as gold makes sense.&nbsp; I wonder if it would make sense to keep the same amount of gold on hand as cash. You could run a balanced fund. As gold went down you would buy more to make them equal. As gold went up you would sell some off to add to your cash position.</p><p><br /></p><p>Steve[/QUOTE]</p><p><br /></p>

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