BRRRR to slow for me!

[John Matthew Johnston]

I’m a nurse and just picked up

My 12th SFR. These are all amazing B properties in great school districts and I'm holding mortgages on 10 of them. After PITI, Capex, repairs and vacancies( 5%,5%,10%) we are cash flowing $5600 dollars /month. I am grateful for this and we have worked our butts off for the last 6 years to build this portfolio. It's just taking longer than I thought to make my original goal of 10-15k a month just from real estate investing. Im not even sure if I have question, more so just seeing if anyone else every felt like this. I know I'll eventually hit my numbers I just don't want to be in a job I hate for the next 10 more years.

[Eric Gerakos]

Quote from @John Matthew Johnston:

@Erik Estrada We decided that we would concentrate on higher end houses in great neighborhoods\ School Districts because we wanted a higher caliber renter and better appreciation on our properties. The downside is the cost of those properties and actually finding these sought after properties in a competitive market aren’t exactly easy. Because of the cost of these nicer properties we end up doing some of the work ourselves so we usually average a 6 month reno so yes the time to find/reno/ seasoning period is what slows us down a bit

 I think you're smart buying higher end properties. Less hassles and more profits.