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Updated almost 8 years ago on . Most recent reply
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Rental #16 under contract!
My rental property goal was 16 properties. And now I'm under contract on rental #16!
It's a 3 bedroom, 1 bath property with a 2.5 car garage and partially fenced in yard located just 7 houses down from a rental I already own, so I know the neighborhood.
Purchase price = $27,900
Will rent for $850-875 per month.
Most Popular Reply
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Originally posted by @Rumen Mladenov:
Congratulations @Dawn Anastasi! And yes, why 16? I set my goal at 10, and once I reached it I set my next one at 20 - how did you arrive at 16?
Easy -- 16 is a pretty nice mathematical number. It forms a 4x4 cube which looks nice on my website to display my properties. The square root of 16 is 4, and the square root of 4 is 2. 2 is the only even prime number. So 16 is actually quite magical!