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741
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424
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Kathy Henley
  • Rental Property Investor
  • St. Louis, MO
424
Votes |
741
Posts

Down to one. My husband quit his job

Kathy Henley
  • Rental Property Investor
  • St. Louis, MO
Posted

It happened Friday. He walked away from his desk job. Our income properties have been giving us over $4,000/ mo income, after all expenses, since January. We knew we were close to our goal and wanted one more property before he quit. We found two more properties – can’t pass up an opportunity. One of which was purchased just to be furnished short-term rentals like AirBnb. He gave notice on Friday and left on Monday morning to drive/move from CA to St. Louis to work real estate, the place of our empire.

Besides the awkwardness of living apart, with a 35 year history of being married, I am trying to focus on the joy of achieving another goal. I will keep my paychecks coming in, for the time being, until the financials say we can do differently. We have 28 units, purchased over 3.5 years. We always looked for undermanaged properties in desirable neighborhoods. This next phase is to 1. improve what we have and 2. network for off-market deals.

Freedom day and we are celebrating.

Most Popular Reply

User Stats

23
Posts
14
Votes
Ben Higginbotham
  • Investor
  • Spring, TX
14
Votes |
23
Posts
Ben Higginbotham
  • Investor
  • Spring, TX
Replied

Congrats, sounds like your plan is working out well.

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