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Updated about 8 years ago,
Rhode Island - Starting Place
Hello,
I am feeling a bit discouraged. I have heard a few different things to know before you start. Notwithstanding my wife not being fully on board, It seems that there is a very little amount of monthly income that comes with rental income, 500 a month per house on average for a triplex? I guess my question is how accurate is that? What is the real benefit of focusing all my efforts on rentals instead of other possible passive income paths (if there are any).
What are you experiences in monthly income per house, including mortgage.
I have ambition to succeed in real estate, my goal is to feel financially free for traveling, children, my wife's career ambitions, and many other reasons. I just need help.
Thanks