01/23/2024
7 years ago I was living in California and was visiting family here in Seattle. During the trip, my Uncle John went under contract to buy new townhome and asked me if I wanted to check it out. Spontaneously, I took a chance and invested $41,880 to buy my first rental property 2 doors down from his.
Since than that property has given my family:
$200,000 in appreciation
$37,500 in loan pay downs
$100,800 in cash flow
In addition, thousands more saved depreciation and tax write offs.
This turned out to be one of the best decisions of my life. Don't wait to buy real estate, buy real estate and wait.