I’m not a “pay down your mortgage” guy, but…
4 short-term rentals making $175,000 each is $700k per year total.
That's about $500k per year in net profit with paid-off mortgages.
You don't need 100 doors.
Just a few good ones.
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@BryceWGarcia
Agree completely. There’s a lot of, “I have 100 doors” porn on BP and Twitter and I’m really looking for 6-10 amazing homes in incredible locations that make me 300k+ a year so I can decide to do whatever I want by 45-50 years old.
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@BryceWGarcia
One great STR can change your financial position completely. 4-5 can more than replace most people's income.
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@BryceWGarcia
What kind of loan is setup that doesn’t “pay down your mortgage?” I know some people that had negative amortization loans in 2006/2007.
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