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Updated about 8 years ago on . Most recent reply

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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
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Rental #16 under contract!

Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Posted

My rental property goal was 16 properties. And now I'm under contract on rental #16!

It's a 3 bedroom, 1 bath property with a 2.5 car garage and partially fenced in yard located just 7 houses down from a rental I already own, so I know the neighborhood.

Purchase price = $27,900

Will rent for $850-875 per month.

Most Popular Reply

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6,201
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied
Originally posted by @Rumen Mladenov:

Congratulations @Dawn Anastasi! And yes, why 16? I set my goal at 10, and once I reached it I set my next one at 20 - how did you arrive at 16?

Easy -- 16 is a pretty nice mathematical number.  It forms a 4x4 cube which looks nice on my website to display my properties.  The square root of 16 is 4, and the square root of 4 is 2.  2 is the only even prime number.  So 16 is actually quite magical!

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