How many homes is your goal?
I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month.
What is the goal number of homes for most of you? I do not have a set number yet. I read most investors only have 12 on average.
Are you looking at a monthly dollar amount more so than house or unit amount?
Most Popular Reply
Good evening Byron, your question is an interesting one. Personally, It’s the total positive cash flow that matters most. Bigger #’s doesn’t equal better cash flow. My retirement goal is to have 10 nice B grade homes in good neighborhoods with great schools paid for free and clear. That along with my primary residence being free and clear will provide a great retirement and allow my wife and I to pursue our “ Bucket List “ and enjoy a comfortable lifestyle. It will also provide us a chance to share our blessings with our Church, Community and favorite Charities. :-)