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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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James Mitchell
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Strategy to replace income?

James Mitchell
Posted Jul 4 2020, 06:36

How would you invest if your goal wasn't necessarily a certain ROI but simply to replace your income in a few years? My partner and I drive a Semi truck as a team. Because of this we have very little living expenses. We don't keep a house because when we do take time off we choose to visit friends/ family or we use short term rentals in a place we'd like to visit. That makes most of our income expendable.

So my question for you guys is what do I need to keep in mind if our goal is not necessarily a certain % return but to replace our income so we can come off the road in a few years and live off of the income from rentals?

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