View Single Post
BK911 BK911 is online now
Home of the Whopper
 
Join Date: Mar 2001
Location: Rocky Top, TN
Posts: 6,945
Garage
I approached rental properties a little different. I bought a fixer-upper, moved in and fixed it up. Then bought another one, moved in and rented the first one out. Repeat until I got married and couldn't live in ~dumps anymore and move every 2 years.

The rental income pays for the houses plus there's almost enough left over each month to cover the mortgage in my current house. If I could have done one more house before I got married, I would be living for free right now.
__________________
“The wave is not the water. The water merely told us about the wave moving by” – Buckminster Fuller
Old 01-10-2012, 05:30 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #13 (permalink)