No. of Recommendations: 3
mazske ~

I'm 51 and I have a pension. So, technically I'm FI. However, since I've never had a lot, I'm on a quest to obtain true wealth. I have my small stock portfolio, but I'm now adding my 10th rental unit.

We all take different paths in life. My hope is that I can get up to 20-25 rental units in the next few years. From there,we shall see. That should improve our financial picture if I can get that many.

Are all of your rental units financed or do you buy them with cash? By rental units do you mean apartments in a building or family homes? Perhaps a mixture of both? What has been your occupancy rate and do you have a separate account to pay for repairs or remodeling after a tenant leaves?

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