4 years & 30 doors later And Still Teaching!

[Jimmy Martz]

Hello BP,

I became inspired to post an update after getting invited to be the guest of a podcast last month after someone came across  my "3 years and 14 doors" post that I had submitted a year ago.   After adding 6 more houses to the portfolio this year, I finished off the year by purchasing a portfolio of 11 houses this month.   It amazes me still that I was able to sign a loan for 850k which is quite a bit more than I have made in my 13 years as a band director!   

The highlights of the deal were:

895,000 purchase price;  1,169,000 bank appraisal ;   All 11 houses are rented and the portfolio is cashflowing!  

I hope this post gives hope that if success can be found on a teachers salary in Oklahoma, it can be done.   Many thanks to the wisdom of the BP community!   

[Daniel Nickles]

Congrats, Jimmy! Hope 2020 brings you even more success!