Six-figure gross rental income in 2.5 years
When I got into the buy-and-hold market in Milwaukee, I knew that I wanted to be successful. And in the last year and a half, I've found that I have been successful in what I've done. I truly like being a landlord, and have found good tenants that so far are relatively long-term.
I've made a few stumbles along the way, but the best thing to do is learn from the stumbles so that they don't turn into big falls later on. (In order words, duct tape that carpet down so it doesn't trip you in the future!)
So in order to continue pushing myself, I want to publish my goal to achieve by the end of 2013:
SIX FIGURE GROSS RENTAL INCOME IN THE MILWAUKEE MARKET
If I achieve this by the end of 2013, it will be just 2.5 years from when I started in June 2011.
I completely believe that this is feasible, although I know that I will need to push myself to make it happen. But as with anything else in life, if you can dream it, you can do it!
Comments (8)
Congrats looks like you are on your way to exceeding your expectations and goals. How did you get to use gross revenues as your metric? I say this since most people would probably use net cash flow from their real estate business.
Matt Mason, almost 11 years ago
Proud of you Sis!
Al Williamson, almost 11 years ago
Thanks everyone! I don't want to jinx this so I won't reveal it just yet as I have 2 units that need to get rented out by the end of the year before I can count them as income toward my goal!
Dawn Anastasi, almost 11 years ago
Great goal! I'm rooting for you too! I'll love to hear the next goal if you make this one.
Shaun Reilly, almost 11 years ago
Ok Dawn, You're about to hit the home stretch. How's the goal progress? I'm rooting for you!
Jerry K., almost 11 years ago
Perfectly vague.
Donald Hendricks, over 11 years ago
Not too out of reach to be unattainable, but enough of a challenge such that I have to work to find the deals. Is that vague enough? :)
Dawn Anastasi, over 11 years ago
How far of a stretch is it?
Donald Hendricks, over 11 years ago