Is 4 homes enough??

[Jake Andronico]

I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. 

When I started straight out of college, I used to think that I NEEDED 10 houses in 10 years or I was doing something wrong. 

When I didn't get there, I felt internally inferior, sad, angry, and somewhat depressed....

When I worked extremely hard daily to save and expand, it didn't feel quick enough. Then I would just get burnt out over time.... 

But then when I tried to relax and recharge, I felt guilty for not taking action towards my goals because of this imaginary time frame. 

It wasn't a good cycle.

I then started listening to @Chad Carson, who wrote "The Small and Mighty Real Estate Investor". 

He spends A TON of time with his family, moved out of the country with his wife and kids, and "retired" off of a relatively small portfolio with little debt that took about 20 years to create and consolidate. 

He also interviews full time investors w/ similar stories and portfolios. Long story short - I realized how powerful only 3-4 PAID OFF rental properties can be. 

A consolidated, simplified portfolio. Managers in place. Renovated properties. Maintenance budget covered. Good, stable tenants with solid property management. 

Roughly $7-10K per month coming in (in certain markets). 2-3 hours of work per week managing the managers..... not a bad place to be.  

Maybe nobody else is struggling with this - but I wish it was talked about more and I just wanted to put it out there with the hopes it helps even one person's perspective.