[l2ridehd]

I have owned several rental properties here with great success. I only bought in down markets so now is probably not a good time to buy. Over the past few years I have been selling them at 1 each year. Close on the last one in a couple weeks. It has been very financially rewarding. Broke even usually during ownership, but made a lot when selling. When I sold the first one I paid off mortgage on the last one with lots of cash left over. So paid down the next to last one. So I owned the last few outright and because of no mortgage payments they made money during the last rental years.

I treated this as a job and it was work. Did all my own maintenance, management, advertising and everything else. It all worked very well and made me lots of money. Be happy to help/advise anyone considering it. Lots of lessons learned. This is a great place to do this as your tenants are all really good folks. In my 14 years doing this I only had one bad tenant and they were not awful.