Would be cool to hear from those who have and how you got started. Were there any pitfalls or things you would have done differently?
Would be cool to hear from those who have and how you got started. Were there any pitfalls or things you would have done differently?
I have four rentals. Each cash flows about net $300-500/mo or <$22k/yr. ($750k value w approx $280k in equity.) In hindsight, I would have preferred to VTSAX and chill. I hire a property manager so I am not very hands on, but if/when something does happen, it wipes out entire year earnings. Ex: replacing windows…easily $4k. Turnovers and needing to renovate the place after 7 years… $15k.