All Forum Posts by: Kevin Tuttle

@Kevin Tuttle OK but the multiple properties that I own are free and clear when a tenant leaves I have no fear I have no mortgage to pay I do my minor repairs find another tenant And go back to making the same return Copy paste repeat buy a new property free and clear find Tennant when they leave no worries I owe nothing other than taxes and insurance at the start of the year

My thoughts on that are if my cash flow is great at 1500 to $2000 a month per unit And I have X amount of units and can buy a new unit every 20 months cash and increase my yearly income by 15000 on a 10 month  Fiscal year what's the problem with that Versus maybe leveraging or cash out riefi and only make hundreds A few 100 a month or break even

My question is would you rather own the home or property outright with No mortgage or would you rather have a mortgage