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Updated over 1 year ago on . Most recent reply

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Byron Paille
21
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21
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How many homes is your goal?

Byron Paille
Posted

I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month. 

What is the goal number of homes for most of you? I do not have a set number yet. I read most investors only have 12 on average.

Are you looking at a monthly dollar amount more so than house or unit amount?

Most Popular Reply

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131
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111
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Winston Covington
  • Realtor
  • Santa Ana, CA
111
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131
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Winston Covington
  • Realtor
  • Santa Ana, CA
Replied

Good evening Byron, your question is an  interesting one. Personally, It’s the total positive cash flow that matters most. Bigger #’s doesn’t equal better cash flow. My retirement goal is to have 10 nice B grade homes in good neighborhoods with great schools paid for free and clear. That along with my primary residence being free and clear will provide a great retirement and allow my wife and I to pursue our “ Bucket List “ and enjoy a comfortable lifestyle. It will also provide us a chance to share our blessings with our Church, Community and favorite Charities.  :-)

  • Winston Covington
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