How I’m Quietly Turning 4 Rental Properties into a Passive Income Goldmine While Crushing My 9-5 Grind
Mike:
Small multifamily was basically just I saw the power of getting more income out of less roofs and less hot water tanks and less et cetera, et cetera, et cetera. Mainly roofs I guess because there should be multiple furnaces and stuff if you have a real big multifamily. But I saw how you could scale and then leverage some of those assets a little bit better than a single family home and it was appealing. So I went with it. Short-term rental route was purely because of a connection I had with a mastermind group, kind of a networking group that I joined and they had a really great team out in the Pocono Mountains that they clearly are a players in that market. They have the best listings in that market. The management’s very good. I saw the potential for the cashflow there, but also an asset that I could actually visit and if nothing else, get eyes on if need be. So I took a plunge with that. That was actually my second deal.
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