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Updated about 8 years ago on . Most recent reply

User Stats

50
Posts
26
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Kevin C.
  • Investor
  • McKinney, TX
26
Votes |
50
Posts

The "buy a rental every year strategy" - is it a good one?

Kevin C.
  • Investor
  • McKinney, TX
Posted
Can anyone share thoughts or experiences on buying one rental every year strategy? On paper it looks like I could essentially replace my income when I get to two dozen rentals cash flowing a few hundred dollars a month. Is this a good strategy for a part time investor? Has anyone done this? Did you stick with it? If this is not a good plan, what would you suggest instead?

Most Popular Reply

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970
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1,652
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David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
1,652
Votes |
970
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David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
Replied

I thought I would only be able to buy 1 property per year when I started last Dec. I'm on my 10th property one year later. Lets say I learned ALOT on how to creative finance/find investors. here's some more motivation. After PITI, Expenses, Reserves, Dividends to investors. I'm cashflowing $8.6k a month.

My point? Reach high!

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