[quote=flu]It would have been nice if by this time, I had 3 SFH in CarmelV free and clear and pulling in $4000/month each.
I’d hang up my engineering hat for salaried work.[/quote]
Assuming $4k/month rent places are selling for $1M today, that’s $3M RE portfolio. If you take that $3M and buy 15 1/1 in MM today for $200k each, so you’d have it all free and clear as well, they’re renting for $1300 today. Which mean for the same $3M, you’d have $19,500/month in rental income instead of just $12k/month.
hmmm… not sure if I should have said that, maybe you’d buy up all the 1/1, leaving nothing left for me :-/
