Bought a rental in 5 minutes?! Worth it? 🏡💰
Back in 2017, my husband and I had $50K saved but didn’t want to mess with stocks. Real estate felt safer—worst case, we’d still have a house! A friend lived in this complex near the metro, great for commuters, solid rental demand. One day, a unit popped up next to theirs—same layout, same everything, listed for $220K. I decided to buy it in five minutes (I overthink grocery shopping more). We put down 20% ($44K), and the mortgage + HOA + taxes totaled $1,200/month. It rented immediately for $1,750, covering expenses and leaving $550 in cash flow. Seven years in, only five months of vacancy, and we now profit around $4K a year. Lesson? A good rental is just math—high rent-to-price ratio, low vacancy, decent appreciation. Don’t overthink minor details like floor level or sunlight—tenants have different preferences, and the right price makes anything rentable!
#realestateinvesting #passiveincome #rentalproperty
