On Feb 20, 1:40*pm, Larry Dighera wrote:
On Wed, 20 Feb 2008 12:37:49 -0800 (PST), Dan wrote in
:

Currently, when thinking about what I'd like to do when I "retire" I
think I'd like to fly a lot. *However, it is expensive so it would be
better to get paid to do it rather than spend big money on a hobby.

If your motivation is revenue generation, consider real estate
investment. *If you start buying foreclosures, and put enough equity
in them so that the rental income makes the mortgage payment, you will
be able to leverage your equity investment's appreciation by something
like 80%. *

What about your equity? Doesn't it deserve a return too? You could put
it in eTrade savings account and get 4% FDIC insured so why put it
into real-estate hoping to just get your payment out of it??

-Robert