2277: [Part 1] Rental Properties Pros and Cons by Andy Hill
Optimal Finance Daily - Financial Independence and Money Advice
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The Pros and Cons of Renting Properties
The majority of my friends who have reached PHY quickly did it by aggressively investing in real estate. I don't deny that it is the fastest path to financial independence. If you make $100,000 a year and spend $50,000 per year, you can cover your expenses in 6.8 years with 17 rental properties profit $250 per month each. In this same scenario, you could reach PHY in 2.4 years with four doors that profit $1,042 per monthEach.
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