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Should I Invest in my 401K or Real Estate?

401K or Real EstateThere are many people that have a 401K at their work place.  Some companies offer a 401K match.  So people wonder, should they invest in a 401K or Real Estate?   These people want some of the riches of real estate.  They want to purchase a rental property and they want passive income in retirement.  These people want to get rich, and they know many people have gotten rich with real estate.  It is their meal ticket out of their W2 job.

Here are my thoughts in where you should invest your money.  Remember, I am not an investment adviser (but I did stay at a Motel 6 several times).

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Landlord Tools for Maintenance

landlord toolsOne thing that will make you more productive as a landlord, is to be able to be more efficient.  Manage your time wisely, and you can be a Rockstar landlord.  When you get to a property, you should have the tools necessary to enable a common fix.  Some simple landlord tools.  If you have a few simple landlord tools, you can make a quick fix, and not have to make a special trip.  Or you can prevent damage that may occur if the fix is not done.

Here are a few landlord tools that I would not be without when I drive around to my rentals.  In fact, I always have them in my tool bag in my truck.  They are indispensable tools that I use regularly.

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