I know of a guy who has 3 employees who coordinate aboit 800-100 properties.
He probably turns over something like $20M, and can use the portfolio to write off profits from other businesses.
He probably turns over something like $20M, and can use the portfolio to write off profits from other businesses.
Someone who bought their home before a price boom can often turn a profit because the rents follow the price to purchase (roughly speaking).
So if you acquired a bunch of properties in 2008 after there was a crisis, its likely that they're very profitable (month to month) now