3 ms·
The way I did it was I saved up money every month and then I would go on the tax auctions and buy property at the courthouse for one third to one tenth of retai
by jijji 5y ago
The way I did it was I saved up money every month and then I would go on the tax auctions and buy property at the courthouse for one third to one tenth of retail value around 15k for double wides and 30k for block houses, and then do house hacking put 5 people in each house efficiences at 600/month per room and did that until i made more per week than i made at my job, then quit, then wrote my own software and I make 1000x what i make by myself through my own SaaS and service sites, mostly automated, and use the cash to put new property... now i have over 500 renters and it runs by itself and 95% pay on time... its just a good passive income investment and i make my money back in less than a year from each investment... i also have a crew of guys thats work on two houses simultaneously getting them ready and once the rooms are setup, i have a waiting list so the rooms get rented the day they sre ready...