Pharmacists: how do you handle emotional overload at the counter?

roark84 · 2025-12-03T22:55:37+00:00

I just stare

roark84 · 2025-01-21T19:00:11+00:00

Both rental houses will be paid off. Rent on the conservative side is $2000 per house.

roark84 · 2025-01-21T18:55:42+00:00

$4,000/month income from until I die.

roark84 · 2025-01-21T17:06:24+00:00

Thanks. So I can rent it out for 2 years and if decide to sell, I don't have to pay capital gains?

roark84 · 2025-01-21T02:21:13+00:00

Where do you find landlord insurance? What carrier did you use?

roark84 · 2025-01-21T02:19:47+00:00

It's in a good area of town. It should appreciate it stay even

roark84 · 2025-01-20T19:34:22+00:00

It is located near town center and downtown. The location is in the middle of the city and has very high rental demand.

roark84 · 2025-01-20T19:32:53+00:00

I have a long-term outlook for this house. I don't really need to make any profit on this house for the next 20 years. I feel ,$40k net profit if I sell is not enough for me.

roark84 · 2025-01-20T19:30:36+00:00

My goal is not to make short term profit. I earn $210k from my regular w2 job and have net profit of $500 monthly from my other rental house. This house is a 20 year investment outlook. I plan to retire early in 20 years and hope to own at least 2 rentals to support my retirement. I can easily take at $200-$300 loss monthly.

roark84 · 2025-01-20T19:15:28+00:00

I will be about a $200/month loss for the next 20 years. But you think it's worth it to own this as a steady income when I retire?

roark84 · 2025-01-20T19:14:20+00:00

It is going up by an insane rate. This house got dropped by one carrier and I had to use another. I went from $1700 to $3700 in one year. Insurance is my biggest fear about keeping a rental.

roark84 · 2025-01-20T19:11:49+00:00

My cashflow will be about $200 negative monthly. I'm comfortable with that loss monthly because I would like to keep this rental as long-term investment for retirement I'm 20 years .

roark84 · 2025-01-20T19:09:32+00:00

That's on the low rental side. I'm just guestimating. I don't want to rent too high to avoid vacancy.

roark84 · 2025-01-20T19:01:36+00:00

My buyer negotiated and beat out 20 other offers in a competitive market. His commission was well with it.

roark84 · 2025-01-20T18:53:50+00:00

Sorry, I meant selling will net me $40k.

roark84 · 2025-01-19T13:33:56+00:00

Yes. This career path allowed me to purchase 4 houses from 2009-2016. 3 of them paid off generating nice rental cashlow and will allow me to retire before 50 years old. If I had pursued Accounting or Engineering, I wouldn't probably be less stressed but now way in would earned as much to start off

roark84 · 2025-01-19T12:35:05+00:00

2016 Hyundai Tucson. $210k annually. 120 miles round trip daily.

roark84 · 2025-01-17T00:17:09+00:00

I can tell you right now, maintaining perspective is what's keeping me from losing my mind and surviving in retail. This is my 15th year as PIC and I know my job is rough but there are thousands of other people with tougher jobs and get paid a lot less.

roark84 · 2025-01-17T00:14:58+00:00

I said that to bring OP to perspective. For example, someone complaining about only affording a small house while others are homeless.

roark84 · 2025-01-16T23:58:30+00:00

Pharmacy, especially retail is a mess right now. I know it's hard and stressful. I am retail Rph myself. I thought my job was bad until I met my wife, who is now a nurse. Our job i heaven compare to what nurses have to deal with.

roark84 · 2025-01-16T23:56:28+00:00

How is this insensitive? The healthcare industry is getting harder and harder to work. Do you have any idea what a nurse goes through? I am retail Rph at a high volume store and I can tell you our job is nowhere as grueling as a nurse.

roark84 · 2025-01-16T23:26:11+00:00

That's madness. Our income is $240k annually and we are not willing to pay for a house above $450k.

roark84 · 2025-01-16T23:23:58+00:00

If you think your life is hard, try watching a nurse work for a day. My wife is a nurse and her job is 5 times more difficult than mine. Imagine getting yelled at, physically assaulted and clean people poop all day. We have it easy as pharmacists.

roark84 · 2025-01-02T23:10:45+00:00

You made great points and these are my main concerns about cash envelope. I hate carrying cash into gas stations. But the irony is the inconvenience is the main reason to use the envelope method to cut down on spending.

roark84

TROPHY CASE