Rental PropertiesPurchased my first rental property this year. A fourplex. Within the first year, I saved enough money solely from the cash flow of that investment to put %25 down on another rental property. A single family home. I'm going to try and buy at least one new rental property every year, for the next 5-7 years with the cash flow from my existing rentals. I absolutely love this as somewhat passive income second to my full time job. All I heard was horror stories and naysayers when I decide to take the leap. Glad I didn't listen. No, its not all sunshine and rainbows and there are many factors that play into rental properties being successful, but for me, overall its been well worth it. I just turned 30 years old and these investments are basically the start my retirement plan. Just wanted to share incase anyone else is on the fence about becoming a landlord. Granted I live in a hot rental market in the Midwest and I know that my good renters are worth their weight in gold, but I couldn't be happier with my first year of owning investment properties and will continue down this path. I'm sure there are others here who have had overall positive experiences owning rentals?
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Rental Properties
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