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Greetings from Wisconsin

knot22

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Hello,

I live in rural Wisconsin on a farm, raise a few steers, have a full time job and am interested in getting out of the rat race. I've been thinking about buying some rental property for a while and have done some reading on the topic, both books and online, and have gotten some practice at "running the numbers" to estimate whether or not a property will cash flow. Although I don't have much experience with rentals I do lease out the crop land and also the hunting rights on my farm.

Besides reading about rental property, I have the electronic version of Robert Kiyosaki's Cashflow 101 game and have played that on my own for a while. At this point, I think it would be hugely beneficial to play Cashflow with other people to learn from them.

I'm really looking forward to participating in this great forum.

knot22
 
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Runum

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Welcome to the fastlane knot22.:fastlane:
 

MJ DeMarco

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Hello knot22 and welcome to our little corner of the world.
 

knot22

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Thanks for the warm welcome all. The day after posting my intro message I realized that living on a farm and wanting to get out of the rat race may not make sense to folks who live in the city. Here, the commute to work is not exactly a "rat race" in the traditional sense of the term. A slow commute to work in this neck of the woods means you either get behind a tractor or an Amish buggy on a road that's too curvy to safely pass.

Anyhow, to clarify - I meant getting out of the rat race in the context of not having to rely on a job for income.
 

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