Updated over 9 years ago on . Most recent reply
Successful House Hack
In 2011 I bought a small duplex in Provo, Utah for 126k with 8k down. My wife and I lived in it for 2 years and then moved to Texas. Since moving it has cash flowed about 3.5k/year. Now it is worth 200! Soon we plan to sell and get into a property with more units.
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8k investment, returning 3.5k a year, 50k plus in equity. 5 year time frame
It's the beauty of income property. I love it! Well done.
I wonder how that would compare to the stock market over the last 5 years...