Tuesday, September 30, 2008

This Is Why I Like Passive Income

Last Friday, I was driving back from lunch and my co-worker noticed steam and liquid coming out from the front passenger side of my car's hood. A check of the temperature gauge showed my car was close to overheating. Luckily, there was a Toyota dealership nearby, so we pulled in there and dropped it off for repair. Turns out, I need a new radiator and some other repairs. The estimated cost is just over $1,200.

Yesterday, I came home from work and picked up the mail. I had three checks waiting for me - one was the second payment of hard money loan #4 and the other two were from two of the four flipping LLCs in California that I am invested in. The three checks more than cover the amount of my car repair. Nice!

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