It takes a lot of time, hard work and dedication to build up a solid passive investment portfolio. None of us find success just starting out — patience and consistent efforts are key here. Once we get our portfolios in a good place, it doesn’t mean we can take out hands off of the wheel. Not entirely, as 100% hands-off investing is a myth.
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Owning investment property can be time consuming. So much so that it can encroach and even eclipse other aspects of life. It can, at times, feel like a huge time-suck, compromising family time, leisure time, as well as time to extend and grow wealth. It doesn't have to be that way. There are ways to own investment properties, manage them effectively, and maintain their profitability, while preserving time to have a gratifying life.