Do you know anyone who owns 100+ SFH rental houses?

[bossladyjack]

@Figureditout post:20

I had 52 at one point and I really hated them all to be honest… Now I am happy to only have 11 (Free and Clear) I think we are missing the point on the topic here. I would rather have 11 that are free and Clear then to have 52 at 80% and not really cash flowing. I remember when a heard a Tornado Siren I would fall to my knees and just pray that it would jump from one of my houses to another and take them all out. I have never read a post of do you know anyone that has 100+ Children. Having rentals (Even if you have a GREAT property manager) Is like have 100+ Children sure you can take the to Daycare (Property Manager) yet why would you really want them? Cash Flow is king and if you would have asked me about this 8 years ago I would have been wanting 100+ Now I really don’t even want the 11 I have I just enjoy the cash flow on them. And When (IF) the Market gets better I promise you I will not own a house. I will even sell my own and rent a one bedroom condo. Personally I love my life now more then I did then I bought them all at a good LTV and sold them right before the crash. Now I buy a NOTE and hold it for 20-30 minutes and make more then I did as a Land Lord that’s for sure. OWN NOTHING CONTROL EVERYTHING… And retire happy and young not old and in debt…

Awesome! I like the idea of owning free and clear. Debt = stress

[cjameson88]

@Figureditout post:20

I had 52 at one point and I really hated them all to be honest… Now I am happy to only have 11 (Free and Clear) I think we are missing the point on the topic here. I would rather have 11 that are free and Clear then to have 52 at 80% and not really cash flowing. I remember when a heard a Tornado Siren I would fall to my knees and just pray that it would jump from one of my houses to another and take them all out. I have never read a post of do you know anyone that has 100+ Children. Having rentals (Even if you have a GREAT property manager) Is like have 100+ Children sure you can take the to Daycare (Property Manager) yet why would you really want them? Cash Flow is king and if you would have asked me about this 8 years ago I would have been wanting 100+ Now I really don’t even want the 11 I have I just enjoy the cash flow on them. And When (IF) the Market gets better I promise you I will not own a house. I will even sell my own and rent a one bedroom condo. Personally I love my life now more then I did then I bought them all at a good LTV and sold them right before the crash. Now I buy a NOTE and hold it for 20-30 minutes and make more then I did as a Land Lord that’s for sure. OWN NOTHING CONTROL EVERYTHING… And retire happy and young not old and in debt…

Great post! My goal is to own 20-30 free and clear. 10 financed right now…

[Figureditout]

That is why I really enjoy what I do now. I don’t buy I don’t sell and I don’t have any headaches I simply assist people and get paid. Life is Grand!