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Originally Posted by Greg B
How in the heck do you find the time to do all this and run your online business too? Charging $600 is sweeet. Some people don't get the fact that they can get a great house for that much so they depend on guys like you to provide shelter which they'll pay for. Do you hire handymen to maintain them all?
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I just bought my first one (trailer). I don't own much rental property, we mainly build new construction and sell.
How do i do it all? work about 80 hours a week and have partners on each of my different companies.
BTW, where do i find a great house for $600 a month? If i put down 50% i guess it is possible, but assuming they put down 20% down which is what most people do, especially those who buy cheap houses. A $600 mortgage/insurance bill each month = 75K house. And a house for that price you going to have a lot of upkeep expenses.
You can't get into a "decent" house for less then about $1,000 a month even if you live rural area.